ZIP Code · IL

ZIP 60506

Part of Aurora, IL

Pop. 50,038·Kane County·93rd most expensive ZIP in Illinois

Median rent (all units)

$1,997/mo

Year-over-Year

+1.5%

Month-over-Month

+0.4%

vs US Median

+$65

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 60506 · $1,997

More expensive than 61% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,400

1 BR

$1,500

2 BR

$1,690

3 BR

$2,180

4 BR+

$2,520

Research median

$1,690/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

Past year vs. the rest of Illinois

Rent in ZIP 60506 changed +1.5% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

Recent direction

Rent has risen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($79,517) is $1,988 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,690); a 3-bedroom is $2,180.

Rank in Aurora

2nd cheapest of 5 ZIP codes in Aurora.

Cheaper nearby

ZIP 60505, 4 miles away, rents for 19% less ($1,619/mo), about $4,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60506. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$23,964/yr

At $1,997/mo median

Location

CityAurora

StateIL

CountyKane County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (1.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+1.5% YoY, +0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 60506 (Aurora, IL) is majority owner-occupied, 29.3% of residents hold a bachelor's degree or higher.

Population

50,038

Median income

$79,517

Median age

Renters

32.4%

Age distribution

24.5%

24.2%

25.7%

15.1%

Under 1824.5%

18–3424.2%

35–5425.7%

55–6410.5%

65+15.1%

Gender

49.9%

50.1%

Male49.9%

Female50.1%

Race & ethnicity

41.1%

47.3%

White41.1%

Black10.6%

Hispanic47.3%

Asian2.7%

Education (25+)

16.5%

26.9%

27.3%

29.3%

No HS diploma16.5%

HS diploma26.9%

Some college27.3%

Bachelor's+29.3%

Housing tenure

67.6%

32.4%

Owner67.6%

Renter32.4%

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

2021 vs 2026

How ZIP 60506 in Aurora, IL has changed in 5 years

Income

$66,867 → $79,517

up 18.9%

Population

49,801 → 50,038

up 0.5%

Renter share

35% → 32.4%

-2.6 pts

Bachelor's+

25.4% → 29.3%

+3.9 pts

Median age

35.5 → 36

+0.5 yrs

Local incomes tracked alongside that move, going from a median of $66,867 in 2021 to $79,517 more recently. The renter share has eased from 35% to 32.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 25.4% to 29.3% across the same window.

Community

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Local insights

Tips for renters in ZIP 60506

About renting in ZIP 60506

Last updated: October 17, 2026

ZIP code 60506 covers Aurora, IL. The median rent here is $1,997/mo as of October 2026. A 1-bedroom rents for a median of $1,500/mo. A 2-bedroom rents for a median of $1,690/mo.

At 30% of local median household income ($79,517/yr), ZIP 60506 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60506?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (about $38/hour full-time) to afford the median rent of $1,997/mo in ZIP 60506. The local median household income is $79,517/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 60506?

Rent in ZIP 60506 has risen 1.5% over the past year.

How does ZIP 60506 compare to other ZIPs in Illinois?

ZIP 60506 is in the middle among Illinois ZIP codes for rent, ranking #93 of 227 at $1,997/mo. Over the year to September 2026, rent in ZIP 60506 changed +1.5%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.