ZIP Code · IL

ZIP 60538

Part of Oswego, IL

Pop. 30,514·Kendall County·43rd most expensive ZIP in Illinois

Median rent (all units)

$2,391/mo

Year-over-Year

Stable

Month-over-Month

+1.0%

vs US Median

+$459

Reported rents

Rising (Monthly)

Be the first to discuss 60538 rents ↓

Most AffordableMost Expensive

ZIP 60538 · $2,391

More expensive than 77% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,560

1 BR

$1,700

2 BR

$2,120

3 BR

$2,860

4 BR+

$3,060

Research median

$2,120/mo

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

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($97,131) is $2,428 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,120); a 3-bedroom is $2,860.

Cheaper nearby

ZIP 60506, 3 miles away, rents for 16% less ($1,997/mo), about $4,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60538. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$28,692/yr

At $2,391/mo median

Location

CityOswego

StateIL

CountyKendall County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+0.0% YoY, +1.0% MoM), not inventory.

Demographics

Who lives here

ZIP 60538 (Oswego, IL) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 25.6% of residents hold a bachelor's degree or higher.

Population

30,514

Median income

$97,131

Median age

35.9

Renters

18.7%

Age distribution

26.4%

21.6%

29.4%

12%

Under 1826.4%

18–3421.6%

35–5429.4%

55–6410.5%

65+12%

Gender

51.9%

48.1%

Male51.9%

Female48.1%

Race & ethnicity

57.1%

35.4%

White57.1%

Black6.5%

Hispanic35.4%

Asian2.1%

Education (25+)

30.3%

34.6%

25.6%

No HS diploma9.6%

HS diploma30.3%

Some college34.6%

Bachelor's+25.6%

Housing tenure

81.3%

18.7%

Owner81.3%

Renter18.7%

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

2021 vs 2026

How ZIP 60538 in Oswego, IL has changed in 5 years

Income

$84,896 → $97,131

up 14.4%

Population

29,725 → 30,514

up 2.7%

Renter share

19.1% → 18.7%

-0.4 pts

Bachelor's+

27.3% → 25.6%

-1.7 pts

Median age

33.2 → 35.9

+2.7 yrs

On the earnings side, the typical household in ZIP 60538 in Oswego, IL now reports about $97,131, up from $84,896 in 2021. Headcount in the area went from 29,725 to 30,514 between 2021 and 2024, a 2.7% change.

Community

Discussions about ZIP 60538

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 60538

About renting in ZIP 60538

Last updated: October 17, 2026

ZIP code 60538 covers Oswego, IL. The median rent here is $2,391/mo as of October 2026. A 1-bedroom rents for a median of $1,700/mo. A 2-bedroom rents for a median of $2,120/mo.

At 30% of local median household income ($97,131/yr), ZIP 60538 ranks as moderate 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 60538?

To keep rent at or below 30% of gross income, you would need to earn at least $96,000/year (about $46/hour full-time) to afford the median rent of $2,391/mo in ZIP 60538. The local median household income is $97,131/yr, so the typical household meets that bar.