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ZIP Code · IL

ZIP 62234

Pop. 31,648·Madison County·195th most expensive ZIP in Illinois
Median rent (all units)
$1,255/mo
Year-over-Year
+8.4%
Month-over-Month
+10.3%
vs US Median
-$710
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 62234 · $1,255
More affordable than 89% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$880
1 BR
$910
2 BR
$1,120
3 BR
$1,440
4 BR+
$1,670
Research median
$1,120/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
$15,060/yr
At $1,255/mo median
Location
StateIL
CountyMadison County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.4% YoY, +10.3% MoM), not inventory.
Demographics

Who lives here

ZIP 62234 (Collinsville, IL) is majority owner-occupied, 30.3% of residents hold a bachelor's degree or higher.

Population
31,648
Median income
$69,607
Median age
39.2
Renters
30.1%
Age distribution
20.8%
22.5%
24.7%
14.1%
17.9%
Under 1820.8%
18–3422.5%
35–5424.7%
55–6414.1%
65+17.9%
Gender
48%
52%
Male48%
Female52%
Race & ethnicity
74%
12.7%
White74%
Black12.7%
Hispanic8.5%
Asian0.9%
Other3.9%
Education (25+)
27.1%
35.2%
30.3%
No HS diploma7.4%
HS diploma27.1%
Some college35.2%
Bachelor's+30.3%
Housing tenure
69.9%
30.1%
Owner69.9%
Renter30.1%

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

2021 vs 2026

How ZIP 62234 in Collinsville, IL has changed in 5 years

Income
$63,111 → $69,607
up 10.3%
Population
32,637 → 31,648
down 3.0%
Renter share
30.4% → 30.1%
-0.3 pts
Bachelor's+
29% → 30.3%
+1.3 pts

Household income in the area moved from $63,111 to $69,607 across the same window, up 10.3% versus 2021. Headcount in the area went from 32,637 to 31,648 between 2021 and 2024, a 3.0% change.

Community

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Local insights

Tips for renters in ZIP 62234

About renting in ZIP 62234

Last updated: July 20, 2026

ZIP code 62234 covers Collinsville, IL. The median rent here is $1,255/mo as of July 2026. A 1-bedroom rents for a median of $910/mo. A 2-bedroom rents for a median of $1,120/mo.

At 22% of local median household income ($69,607/yr), ZIP 62234 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 62234?

As of July 20, 2026, the median monthly rent in ZIP 62234 (Collinsville, IL) is $1,255. This is based on aggregated data from public sources and community submissions.

How does ZIP 62234 rent compare to the US average?

ZIP 62234's median rent of $1,255/mo is $710 (36%) below the US national median of $1,965/mo.

How does ZIP 62234 compare to other ZIPs in Illinois?

ZIP 62234 is among the more affordable ZIP codes in Illinois, ranking #195 out of 230 ZIPs at $1,255/mo.

How much income do you need to rent in ZIP 62234?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (~$24/hour full-time) to afford the median rent of $1,255/mo in ZIP 62234. The local median household income is $69,607/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 62234?

Rent in ZIP 62234 has increased 8.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 62234 an affordable place to rent?

ZIP 62234 is considered very affordable for renters. At $1,255/mo, rent takes approximately 22% of the local median household income ($69,607/yr). The standard benchmark is 30%. ZIP 62234 falls comfortably within that range.

What percentage of ZIP 62234 residents rent vs. own?

According to Census data, approximately 30.1% of ZIP 62234 households are renters, while 69.9% are owner-occupied. ZIP 62234 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 62234 compare to the rest of Collinsville?

ZIP 62234 sits right at the Collinsville citywide median of $1,255/mo.

When was rent data for ZIP 62234 last updated?

Rent data for ZIP 62234 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,255/mo, rent takes ~22% of ZIP 62234's median household income ($69,607/yr). The standard benchmark is 30%.

ZIP 62234 22%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 62234 (Collinsville, IL)

Recent submissions

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