ZIP Code · IL

ZIP 60714

Part of Niles, IL

Pop. 30,305·Cook County·56th most expensive ZIP in Illinois

Median rent (all units)

$2,274/mo

Year-over-Year

Stable

Month-over-Month

+3.3%

vs US Median

+$342

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 60714 · $2,274

More expensive than 73% 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

$1,300

1 BR

$1,380

2 BR

$1,560

3 BR

$2,010

4 BR+

$2,320

Research median

$1,560/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 60714 changed +25.3% 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 10 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($75,800) is $1,895 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,560); a 3-bedroom is $2,010.

Cheaper nearby

ZIP 60631, 2 miles away, rents for 21% less ($1,807/mo), about $5,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60714. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$27,288/yr

At $2,274/mo median

Location

CityNiles

StateIL

CountyCook 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, +3.3% MoM), not inventory.

Demographics

Who lives here

ZIP 60714 (Niles, IL) is majority owner-occupied, has a large retiree population, 39.3% of residents hold a bachelor's degree or higher.

Population

30,305

Median income

$75,800

Median age

48.3

Renters

25.2%

Age distribution

17.8%

15.7%

24.5%

13.6%

28.3%

Under 1817.8%

18–3415.7%

35–5424.5%

55–6413.6%

65+28.3%

Gender

48.9%

51.1%

Male48.9%

Female51.1%

Race & ethnicity

64.7%

13.2%

20.5%

White64.7%

Black2.3%

Hispanic13.2%

Asian20.5%

Education (25+)

24.4%

24.6%

39.3%

No HS diploma11.7%

HS diploma24.4%

Some college24.6%

Bachelor's+39.3%

Housing tenure

74.8%

25.2%

Owner74.8%

Renter25.2%

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

2021 vs 2026

How ZIP 60714 in Niles, IL has changed in 5 years

Income

$70,085 → $75,800

up 8.2%

Population

31,208 → 30,305

down 2.9%

Renter share

23.5% → 25.2%

+1.7 pts

Bachelor's+

37.6% → 39.3%

+1.7 pts

Median age

46.9 → 48.3

+1.4 yrs

On the earnings side, the typical household in ZIP 60714 in Niles, IL now reports about $75,800, up from $70,085 in 2021. The population has contracted by 2.9% since 2021, moving from about 31,208 residents to roughly 30,305. Renters now make up 25.2% of households, compared with 23.5% five years ago.

Community

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Local insights

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About renting in ZIP 60714

Last updated: October 17, 2026

ZIP code 60714 covers Niles, IL. The median rent here is $2,274/mo as of October 2026. A 1-bedroom rents for a median of $1,380/mo. A 2-bedroom rents for a median of $1,560/mo.

At 36% of local median household income ($75,800/yr), ZIP 60714 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 60714?

To keep rent at or below 30% of gross income, you would need to earn at least $91,000/year (about $44/hour full-time) to afford the median rent of $2,274/mo in ZIP 60714. The local median household income is $75,800/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 60714?

Rent in ZIP 60714 has been roughly flat over the past year, a 0.0% change.

How does ZIP 60714 compare to other ZIPs in Illinois?

ZIP 60714 is one of the pricier among Illinois ZIP codes for rent, ranking #56 of 227 at $2,274/mo. Over the year to September 2026, rent in ZIP 60714 changed +25.3%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.