ZIP Code · IL

ZIP 60827

Part of Riverdale, IL

Pop. 24,713·Cook County·189th most expensive ZIP in Illinois

Median rent (all units)

$1,290/mo

Year-over-Year

+6.3%

Month-over-Month

+0.9%

vs US Median

-$642

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 60827 · $1,290

More affordable than 87% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,200

1 BR

$1,290

2 BR

$1,450

3 BR

$1,870

4 BR+

$2,160

Research median

$1,450/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

Compared with the peak

Rent in ZIP 60827 is at its highest level since Zillow's records here began in October 2022.

Past year vs. the rest of Illinois

Rent in ZIP 60827 changed +6.3% 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 4 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($37,217) is $930 a month. That is less than HUD's Fair Market Rent for a studio ($1,200).

Cheaper nearby

ZIP 46312, 9 miles away, rents for 19% less ($1,040/mo), about $3,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60827. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,480/yr

At $1,290/mo median

Location

CityRiverdale

StateIL

CountyCook County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.3% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.3% YoY, +0.9% MoM), not inventory.

Demographics

Who lives here

ZIP 60827 (Riverdale, IL) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 16.7% of residents hold a bachelor's degree or higher.

Population

24,713

Median income

$37,217

Median age

31.7

Renters

59.8%

Age distribution

33.7%

20.9%

23.2%

Under 1833.7%

18–3420.9%

35–5423.2%

55–6411%

65+11.1%

Gender

45.5%

54.5%

Male45.5%

Female54.5%

Race & ethnicity

87.8%

White1.1%

Black87.8%

Hispanic5.5%

Other5.4%

Education (25+)

31.6%

40.1%

16.7%

No HS diploma11.6%

HS diploma31.6%

Some college40.1%

Bachelor's+16.7%

Housing tenure

40.2%

59.8%

Owner40.2%

Renter59.8%

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

2023 vs 2026

How ZIP 60827 in Riverdale, IL has changed in 5 years

Rent

$1,048 → $1,290

up 23.1%

Income

$32,801 → $37,217

up 13.5%

Population

26,010 → 24,713

down 5.0%

Renter share

61.5% → 59.8%

-1.7 pts

Bachelor's+

14.6% → 16.7%

+2.1 pts

Median age

30.9 → 31.7

+0.8 yrs

Since 2023, the typical rent in ZIP 60827 in Riverdale, IL has increased from $1,048 to $1,290, a 23.1% change over five years. Household income in the area moved from $32,801 to $37,217 across the same window, up 13.5% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 5.0% since 2021, moving from about 26,010 residents to roughly 24,713. Renters now make up 59.8% of households, compared with 61.5% five years ago. College-educated residents now make up 16.7% of adults here, versus 14.6% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 60827 in Riverdale, IL look reasonable against where the market sat half a decade ago.

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About renting in ZIP 60827

Last updated: October 17, 2026

ZIP code 60827 covers Riverdale, IL. The median rent here is $1,290/mo as of October 2026. A 1-bedroom rents for a median of $1,290/mo. A 2-bedroom rents for a median of $1,450/mo.

At 42% of local median household income ($37,217/yr), ZIP 60827 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60827?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (about $25/hour full-time) to afford the median rent of $1,290/mo in ZIP 60827. The local median household income is $37,217/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 60827?

Rent in ZIP 60827 has risen 6.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in October 2022.

How does ZIP 60827 compare to other ZIPs in Illinois?

ZIP 60827 is one of the more affordable among Illinois ZIP codes for rent, ranking #189 of 227 at $1,290/mo. Over the year to September 2026, rent in ZIP 60827 changed +6.3%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.