US5.com
  1. Home
  2. States
  3. Illinois
  4. ZIP 60301
  5. Housing & Real Estate
Oak Park village, IL

ZIP 60301 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60301

Median Home Value
$230,300
Median Rent
$2,261
Affordability Snapshot
$63,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,479/mo PITI).

26%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

8.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 60301 in Oak Park village, IL, a household would need roughly $63,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,479. That sits below the local median household income ($103,448), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
17.6%-73% vs US avg
x
Vacancy Rate
2.0%-81% vs US avg
x
Broadband Access
97.8%+12% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
0.0%
x
Built Post-2014
1.6%-76% vs US avg
x
Rent Burden >30%
10.5%-79% vs US avg
x
Mortgage-Free
31.6%-17% vs US avg
x
$230,300
Home Value
$2,261
Rent
1997
Year Built
2020
Moved In

Residents have lived here since ~2020 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached1.8%
  • 1-unit attached6.0%
  • 2-9 units7.0%
  • 10+ units85.2%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$230,300
Median rent$2,261
Owner-occupied17.6%
Vacant2.0%
Price-to-income2.2x
Est. income to buy$63,000