ZIP Code · IL

ZIP 60505

Part of Aurora, IL
Pop. 57,199·Kane County·146th most expensive ZIP in Illinois
Median rent (all units)
$1,619/mo
Year-over-Year
Stable
Month-over-Month
+3.5%
vs US Median
-$313
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 60505 · $1,619
More affordable than 64% of US ZIP codes · National median $1,932/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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($73,284) is $1,832 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,610); a 3-bedroom is $2,070.

Rank in Aurora

1st cheapest of 5 ZIP codes in Aurora.

From Zillow's monthly rent index (ZORI) for ZIP 60505. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,428/yr
At $1,619/mo median
Location
CityAurora
StateIL
CountyKane County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +3.5% 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

Tips for renters in ZIP 60505

About renting in ZIP 60505

Last updated: October 17, 2026

ZIP code 60505 covers Aurora, IL. The median rent here is $1,619/mo as of October 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 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 $65,000/year (about $31/hour full-time) to afford the median rent of $1,619/mo in ZIP 60505. The local median household income is $73,284/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 60505?

Rent in ZIP 60505 has been roughly flat over the past year, a 0.0% change.

How does ZIP 60505 compare to other ZIPs in Illinois?

ZIP 60505 is in the middle among Illinois ZIP codes for rent, ranking #146 of 227 at $1,619/mo.

How does ZIP 60505 compare to the rest of Aurora?

At $1,619/mo, ZIP 60505 is $675 below the Aurora citywide median of $2,294/mo. It is the 1st cheapest of 5 ZIP codes in Aurora.
Income Affordability
27%
AFFORDABLE

At $1,619/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)

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