ZIP Code · IL

ZIP 61115

Part of Machesney Park, IL

Pop. 22,364·Winnebago County·148th most expensive ZIP in Illinois

Median rent (all units)

$1,610/mo

Year-over-Year

+23.6%

Month-over-Month

-0.5%

vs US Median

-$322

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 61115 · $1,610

More affordable than 65% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$930

1 BR

$1,030

2 BR

$1,350

3 BR

$1,790

4 BR+

$1,830

Research median

$1,350/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 61115 changed +23.6% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

What a typical income covers

30% of the median household income ($75,363) is $1,884 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,830).

Cheaper nearby

ZIP 61103, 3 miles away, rents for 24% less ($1,221/mo), about $4,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 61115. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,320/yr

At $1,610/mo median

Location

CityMachesney Park

StateIL

CountyWinnebago County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 23.6% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+23.6% YoY, -0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 61115 (Machesney Park, IL) is majority owner-occupied, 19.3% of residents hold a bachelor's degree or higher.

Population

22,364

Median income

$75,363

Median age

40.2

Renters

20.5%

Age distribution

23.6%

19.4%

27.6%

12.4%

17%

Under 1823.6%

18–3419.4%

35–5427.6%

55–6412.4%

65+17%

Gender

48.7%

51.3%

Male48.7%

Female51.3%

Race & ethnicity

83.9%

White83.9%

Black2%

Hispanic8.7%

Asian2.1%

Other3.2%

Education (25+)

34.7%

36.8%

19.3%

No HS diploma9.2%

HS diploma34.7%

Some college36.8%

Bachelor's+19.3%

Housing tenure

79.5%

20.5%

Owner79.5%

Renter20.5%

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

2021 vs 2026

How ZIP 61115 in Machesney Park, IL has changed in 5 years

Income

$64,833 → $75,363

up 16.2%

Population

22,480 → 22,364

down 0.5%

Renter share

22.1% → 20.5%

-1.6 pts

Bachelor's+

17.2% → 19.3%

+2.1 pts

Median age

39.1 → 40.2

+1.1 yrs

Local incomes tracked alongside that move, going from a median of $64,833 in 2021 to $75,363 more recently. The renter share has eased from 22.1% to 20.5%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 17.2% to 19.3% across the same window.

Community

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Local insights

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About renting in ZIP 61115

Last updated: October 17, 2026

ZIP code 61115 covers Machesney Park, IL. The median rent here is $1,610/mo as of October 2026. A 1-bedroom rents for a median of $1,030/mo. A 2-bedroom rents for a median of $1,350/mo.

At 26% of local median household income ($75,363/yr), ZIP 61115 ranks as affordable compared to the national benchmark of 30%. Rents have increased 23.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 61115?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (about $31/hour full-time) to afford the median rent of $1,610/mo in ZIP 61115. The local median household income is $75,363/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 61115?

Rent in ZIP 61115 has risen 23.6% over the past year.

How does ZIP 61115 compare to other ZIPs in Illinois?

ZIP 61115 is in the middle among Illinois ZIP codes for rent, ranking #148 of 227 at $1,610/mo. Over the year to September 2026, rent in ZIP 61115 changed +23.6%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.