Zip lookup · IL

60160
Melrose Park, Illinois.

Melrose Park, Cook County, IL · Chicago-Naperville-Elgin, IL-IN-WI metro · population 24,549

What it costs per month · 60160 $1,718/mo

to buy the typical home at today's mortgage rate — +$865 (+101%) since Jan 2020.

What the home itself did
1 year
Up $17,213 +6%
$310,134$327,346 since Sep 2025
5 years
Up $50,208 +18%
$277,139$327,346 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 60160 $1,718 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 60160$1,718
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 21 years.

Typical home values in zip 60160 rose 5.6% over the past year — faster than the nation's +1.2%.

Zillow also publishes an index for the city itself: Melrose Park, IL — measured over the city limits, which is a different area from this zip.

Asking rent $1,441 as of Sep 2026
Typical home value $327,346 as of Sep 2026
+5.6%year on year

Asking rent — 60160

Against the Chicago-Naperville-Elgin, IL-IN-WI metro and the national benchmark.

Not enough data to draw this yet.

Typical home value — 60160

Mid-tier homes, smoothed and seasonally adjusted.

$250,000 $300,000 $350,000 2018 2020 2022 2024 2026 60160 $327,346 Chicago $355,650 United States $366,157
$250,000 $300,000 $350,000 2018 2022 2026
  • 60160$327,346
  • Chicago$355,650
  • United States$366,157

Within 20 miles

Showing 30 of 172 zips in range — sorting picks from all 172.

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
1.0 60165 Stone Park 4,482 — $272,402
1.6 60104 Bellwood 18,256 — $257,888
1.9 60153 Maywood 23,201 $1,419 $258,436
1.9 60171 River Grove 10,451 $1,932 $324,630
2.2 60164 Melrose Park 20,872 — $313,868
2.3 60305 River Forest 11,992 $2,200 $721,893
2.6 60131 Franklin Park 18,054 $1,800 $321,963
2.7 60163 Berkeley 5,199 — $305,404
3.1 60707 Elmwood Park 41,116 $1,734 $354,398
3.2 60155 Broadview 7,906 $1,325 $283,055
3.2 60162 Hillside 8,084 — $292,288
3.4 60130 Forest Park 13,943 $1,532 $289,244
3.5 60301 Oak Park 3,475 $2,315 $302,203
3.7 60302 Oak Park 32,862 $1,952 $465,449
3.8 60176 Schiller Park 11,393 $1,550 $314,091
4.0 60154 Westchester 16,436 — $368,929
4.1 60634 Chicago 73,885 $1,951 $379,235
4.2 60126 Elmhurst 47,516 $2,453 $633,341
4.3 60304 Oak Park 16,955 $1,539 $504,990
4.8 60706 Harwood Heights 24,260 $2,078 $407,740
5.0 60546 Riverside 16,322 $1,726 $425,626
5.2 60526 La Grange Park 13,459 $1,670 $493,827
5.2 60656 Chicago 29,538 $1,611 $390,112
5.5 60513 Brookfield 19,343 $2,086 $359,369
5.6 60639 Chicago 84,240 $1,740 $334,063
5.6 60644 Chicago 47,210 $1,312 $220,953
5.7 60106 Bensenville 20,045 $1,870 $348,528
6.1 60181 Villa Park 30,346 $2,057 $362,339
6.2 60402 Berwyn 63,721 $1,448 $313,681
6.2 60651 Chicago 63,335 $1,751 $284,370

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.