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ZIP Code · IL

ZIP 60515

Pop. 29,762·DuPage County·63rd most expensive ZIP in Illinois
Median rent (all units)
$2,298/mo
Year-over-Year
-1.3%
Month-over-Month
-5.2%
vs US Median
+$333
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60515 · $2,298
More expensive than 73% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,750
1 BR
$1,870
2 BR
$2,110
3 BR
$2,720
4 BR+
$3,140
Research median
$2,110/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
$27,576/yr
At $2,298/mo median
Location
StateIL
CountyDuPage County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-1.3% YoY, -5.2% MoM), not inventory.
Demographics

Who lives here

ZIP 60515 (Downers Grove, IL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 62.5% of residents hold a bachelor's degree or higher.

Population
29,762
Median income
$123,197
Median age
44
Renters
24.2%
Age distribution
22.9%
15.5%
27.6%
13.5%
20.6%
Under 1822.9%
18–3415.5%
35–5427.6%
55–6413.5%
65+20.6%
Gender
47.3%
52.7%
Male47.3%
Female52.7%
Race & ethnicity
84.1%
White84.1%
Black2.4%
Hispanic4.2%
Asian5.3%
Other4%
Education (25+)
24.3%
62.5%
No HS diploma1.7%
HS diploma11.6%
Some college24.3%
Bachelor's+62.5%
Housing tenure
75.8%
24.2%
Owner75.8%
Renter24.2%

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

2021 vs 2026

How ZIP 60515 in Downers Grove, IL has changed in 5 years

Income
$107,554 → $123,197
up 14.5%
Population
29,144 → 29,762
up 2.1%
Renter share
22.3% → 24.2%
+1.9 pts
Bachelor's+
61.8% → 62.5%
+0.7 pts

Local incomes tracked alongside that move, going from a median of $107,554 in 2021 to $123,197 more recently. Headcount in the area went from 29,144 to 29,762 between 2021 and 2024, a 2.1% change. About 24.2% of households rent today, against 22.3% in 2021.

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Local insights

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About renting in ZIP 60515

Last updated: July 20, 2026

ZIP code 60515 covers Downers Grove, IL. The median rent here is $2,298/mo as of July 2026. A 1-bedroom rents for a median of $1,870/mo. A 2-bedroom rents for a median of $2,110/mo.

At 22% of local median household income ($123,197/yr), ZIP 60515 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60515?

As of July 20, 2026, the median monthly rent in ZIP 60515 (Downers Grove, IL) is $2,298. This is based on aggregated data from public sources and community submissions.

How does ZIP 60515 rent compare to the US average?

ZIP 60515's median rent of $2,298/mo is $333 (17%) above the US national median of $1,965/mo.

How does ZIP 60515 compare to other ZIPs in Illinois?

ZIP 60515 is one of the pricier ZIP codes in Illinois, ranking #63 out of 230 ZIPs tracked at $2,298/mo.

How much income do you need to rent in ZIP 60515?

To keep rent at or below 30% of gross income, you would need to earn at least $92,000/year (~$44/hour full-time) to afford the median rent of $2,298/mo in ZIP 60515. The local median household income is $123,197/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60515?

Rent in ZIP 60515 has decreased 1.3% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 60515 an affordable place to rent?

ZIP 60515 is considered very affordable for renters. At $2,298/mo, rent takes approximately 22% of the local median household income ($123,197/yr). The standard benchmark is 30%. ZIP 60515 falls comfortably within that range.

What percentage of ZIP 60515 residents rent vs. own?

According to Census data, approximately 24.2% of ZIP 60515 households are renters, while 75.8% are owner-occupied. ZIP 60515 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60515 compare to the rest of Downers Grove?

ZIP 60515 is pricier than Downers Grove as a whole. At $2,298/mo, it's $34 above the Downers Grove citywide median of $2,264/mo.

When was rent data for ZIP 60515 last updated?

Rent data for ZIP 60515 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $2,298/mo, rent takes ~22% of ZIP 60515's median household income ($123,197/yr). The standard benchmark is 30%.

ZIP 60515 22%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60515 (Downers Grove, IL)

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