ZIP Code · IL

ZIP 60505

Part of Aurora, IL
Pop. 57,199·Kane County·146th most expensive ZIP in Illinois
Median rent (all units)
$1,653/mo
Year-over-Year
Stable
Month-over-Month
-2.4%
vs US Median
-$312
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60505 · $1,653
More affordable than 62% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,340
1 BR
$1,430
2 BR
$1,610
3 BR
$2,070
4 BR+
$2,400
Research median
$1,610/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$19,836/yr
At $1,653/mo median
Location
CityAurora
StateIL
CountyKane County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -2.4% MoM), not inventory.
Demographics

Who lives here

ZIP 60505 (Aurora, IL) is majority owner-occupied, has a large share of families with children, 14.2% of residents hold a bachelor's degree or higher.

Population
57,199
Median income
$73,284
Median age
31.2
Renters
41.6%
Age distribution
26.5%
27.5%
27.3%
Under 1826.5%
18–3427.5%
35–5427.3%
55–648.8%
65+9.8%
Gender
51.1%
48.9%
Male51.1%
Female48.9%
Race & ethnicity
19.1%
80.4%
White19.1%
Black5.9%
Hispanic80.4%
Asian1.3%
Education (25+)
34.8%
30.1%
20.9%
14.2%
No HS diploma34.8%
HS diploma30.1%
Some college20.9%
Bachelor's+14.2%
Housing tenure
58.4%
41.6%
Owner58.4%
Renter41.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 60505 in Aurora, IL has changed in 5 years

Income
$59,216 → $73,284
up 23.8%
Population
61,702 → 57,199
down 7.3%
Renter share
40.5% → 41.6%
+1.1 pts
Bachelor's+
12.3% → 14.2%
+1.9 pts
Median age
33.2 → 31.2
-2.0 yrs

Local incomes tracked alongside that move, going from a median of $59,216 in 2021 to $73,284 more recently. The population has contracted by 7.3% since 2021, moving from about 61,702 residents to roughly 57,199.

Community

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Local insights

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About renting in ZIP 60505

Last updated: July 20, 2026

ZIP code 60505 covers Aurora, IL. The median rent here is $1,653/mo as of July 2026. A 1-bedroom rents for a median of $1,430/mo. A 2-bedroom rents for a median of $1,610/mo.

At 27% of local median household income ($73,284/yr), ZIP 60505 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60505?

As of July 20, 2026, the median monthly rent in ZIP 60505 (Aurora, IL) is $1,653. This is based on aggregated data from public sources and community submissions.

How does ZIP 60505 rent compare to the US average?

ZIP 60505's median rent of $1,653/mo is $312 (16%) below the US national median of $1,965/mo.

How does ZIP 60505 compare to other ZIPs in Illinois?

ZIP 60505 falls in the middle range for Illinois, ranking #146 out of 230 ZIPs at $1,653/mo.

How much income do you need to rent in ZIP 60505?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,653/mo in ZIP 60505. The local median household income is $73,284/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60505?

Rent in ZIP 60505 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 60505 an affordable place to rent?

ZIP 60505 is considered affordable for renters. At $1,653/mo, rent takes approximately 27% of the local median household income ($73,284/yr). The standard benchmark is 30%. ZIP 60505 falls comfortably within that range.

What percentage of ZIP 60505 residents rent vs. own?

According to Census data, approximately 41.6% of ZIP 60505 households are renters, while 58.4% are owner-occupied. ZIP 60505 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60505 compare to the rest of Aurora?

ZIP 60505 is more affordable than Aurora overall. At $1,653/mo, it's $634 below the Aurora citywide median of $2,287/mo.

When was rent data for ZIP 60505 last updated?

Rent data for ZIP 60505 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $1,653/mo, rent takes ~27% of ZIP 60505's median household income ($73,284/yr). The standard benchmark is 30%.

ZIP 60505 27%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60505 (Aurora, IL)

Recent submissions

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