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ZIP Code · IL

ZIP 60714

Part of Niles, IL
Pop. 30,305·Cook County·81st most expensive ZIP in Illinois
Median rent (all units)
$2,158/mo
Year-over-Year
Stable
Month-over-Month
-14.1%
vs US Median
+$193
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60714 · $2,158
More expensive than 68% of US ZIP codes · National median $1,965/mo
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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: July 20, 2026

Annual cost
$25,896/yr
At $2,158/mo median
Location
CityNiles
StateIL
CountyCook County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -14.1% 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

Tips for renters in ZIP 60714

About renting in ZIP 60714

Last updated: July 20, 2026

ZIP code 60714 covers Niles, IL. The median rent here is $2,158/mo as of July 2026. A 1-bedroom rents for a median of $1,380/mo. A 2-bedroom rents for a median of $1,560/mo.

At 34% 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 is rent in ZIP code 60714?

As of July 20, 2026, the median monthly rent in ZIP 60714 (Niles, IL) is $2,158. This is based on aggregated data from public sources and community submissions.

How does ZIP 60714 rent compare to the US average?

ZIP 60714's median rent of $2,158/mo is $193 (10%) above the US national median of $1,965/mo.

How does ZIP 60714 compare to other ZIPs in Illinois?

ZIP 60714 falls in the middle range for Illinois, ranking #81 out of 230 ZIPs at $2,158/mo.

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 $86,000/year (~$41/hour full-time) to afford the median rent of $2,158/mo in ZIP 60714. The local median household income is $75,800/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 60714?

Rent in ZIP 60714 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 60714 an affordable place to rent?

ZIP 60714 is considered moderate for renters. At $2,158/mo, rent takes approximately 34% of the local median household income ($75,800/yr). The standard benchmark is 30%. ZIP 60714 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 60714 residents rent vs. own?

According to Census data, approximately 25.2% of ZIP 60714 households are renters, while 74.8% are owner-occupied. ZIP 60714 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60714 compare to the rest of Niles?

ZIP 60714 is more affordable than Niles overall. At $2,158/mo, it's $2 below the Niles citywide median of $2,160/mo.

When was rent data for ZIP 60714 last updated?

Rent data for ZIP 60714 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
34%
MODERATE

At $2,158/mo, rent takes ~34% of ZIP 60714's median household income ($75,800/yr). The standard benchmark is 30%.

ZIP 60714 34%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60714 (Niles, IL)

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