ZIP Code · IL

ZIP 62301

Part of Quincy, IL

Pop. 30,746·Adams County·217th most expensive ZIP in Illinois

Median rent (all units)

$1,008/mo

Year-over-Year

+8.5%

Month-over-Month

-0.5%

vs US Median

-$924

Reported rents

Stable (Monthly)

Be the first to discuss 62301 rents ↓

Most AffordableMost Expensive

ZIP 62301 · $1,008

More affordable than 98% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$720

1 BR

$800

2 BR

$1,050

3 BR

$1,310

4 BR+

$1,480

Research median

$1,050/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Illinois

Rent in ZIP 62301 changed +8.5% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($52,055) is $1,301 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,050); a 3-bedroom is $1,310.

From Zillow's monthly rent index (ZORI) for ZIP 62301. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$12,096/yr

At $1,008/mo median

Location

CityQuincy

StateIL

CountyAdams County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 8.5% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+8.5% YoY, -0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 62301 (Quincy, IL) is majority owner-occupied, has a median income below the national average, 25.4% of residents hold a bachelor's degree or higher.

Population

30,746

Median income

$52,055

Median age

38.5

Renters

41.1%

Age distribution

21.6%

24.3%

23.8%

18.5%

Under 1821.6%

18–3424.3%

35–5423.8%

55–6411.8%

65+18.5%

Gender

49.8%

50.2%

Male49.8%

Female50.2%

Race & ethnicity

85.1%

White85.1%

Black5%

Hispanic2.8%

Asian1.1%

Other6%

Education (25+)

34.5%

31.9%

25.4%

No HS diploma8.3%

HS diploma34.5%

Some college31.9%

Bachelor's+25.4%

Housing tenure

58.9%

41.1%

Owner58.9%

Renter41.1%

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

2021 vs 2026

How ZIP 62301 in Quincy, IL has changed in 5 years

Income

$45,950 → $52,055

up 13.3%

Population

31,614 → 30,746

down 2.7%

Renter share

40.2% → 41.1%

+0.9 pts

Bachelor's+

22.4% → 25.4%

+3.0 pts

On the earnings side, the typical household in ZIP 62301 in Quincy, IL now reports about $52,055, up from $45,950 in 2021. The population has contracted by 2.7% since 2021, moving from about 31,614 residents to roughly 30,746. College-educated residents now make up 25.4% of adults here, versus 22.4% in 2021.

Community

Discussions about ZIP 62301

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 62301

About renting in ZIP 62301

Last updated: October 17, 2026

ZIP code 62301 covers Quincy, IL. The median rent here is $1,008/mo as of October 2026. A 1-bedroom rents for a median of $800/mo. A 2-bedroom rents for a median of $1,050/mo.

At 23% of local median household income ($52,055/yr), ZIP 62301 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 62301?

To keep rent at or below 30% of gross income, you would need to earn at least $40,000/year (about $19/hour full-time) to afford the median rent of $1,008/mo in ZIP 62301. The local median household income is $52,055/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 62301?

Rent in ZIP 62301 has risen 8.5% over the past year.

How does ZIP 62301 compare to other ZIPs in Illinois?

ZIP 62301 is one of the more affordable among Illinois ZIP codes for rent, ranking #217 of 227 at $1,008/mo. Over the year to September 2026, rent in ZIP 62301 changed +8.5%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.