Zip lookup · IL

60402
Berwyn, Illinois.

Berwyn, Cook County, IL · Chicago-Naperville-Elgin, IL-IN-WI metro · population 63,721

What it costs per month · 60402 $1,646/mo

to buy the typical home at today's mortgage rate — +$879 (+114%) since Jan 2020.

What the home itself did
1 year
Up $17,053 +6%
$296,629$313,681 since Sep 2025
5 years
Up $62,824 +25%
$250,858$313,681 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 60402 $1,646 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 60402$1,646
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 16 years.

Typical home values in zip 60402 rose 5.7% over the past year — faster than the nation's +1.2%.

Asking rents in zip 60402 rose 3.0% over the past year — faster than the nation's +2.7%.

Owning the typical home in zip 60402 runs $1,032/mo more than renting one — the widest that gap has been in this data.

That is $2,481 a month against $1,448 rent: a $1,646 mortgage payment, plus $499 property tax and $336 insurance & upkeep.

Owning vs renting — zip 60402

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$1,000 $1,500 $2,000 $2,500 2018 2019 2020 2021 2022 2023 2024 2025 2026 Owning all in $2,481 Renting $1,448 Mortgage only $1,646
$1,000 $1,500 $2,000 $2,500 2018 2022 2026
  • Owning all in$2,481
  • Renting$1,448
  • Mortgage only$1,646

Property tax · $499/mo 1.91% of value a year — the ACS 2020-2024 median bill over the median home value for Cook County, IL

Insurance & upkeep · $336/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

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

Asking rent $1,448 as of Sep 2026
+3.0%year on year
Typical home value $313,681 as of Sep 2026
+5.7%year on year

Asking rent — 60402

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

$1,000 $1,500 $2,000 2018 2019 2020 2021 2022 2023 2024 2025 2026 60402 $1,448 Chicago $2,163 United States $1,932
$1,000 $1,500 $2,000 2018 2022 2026
  • 60402$1,448
  • Chicago$2,163
  • United States$1,932

Typical home value — 60402

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 60402 $313,681 Chicago $355,650 United States $366,157
$200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 60402$313,681
  • Chicago$355,650
  • United States$366,157

Within 20 miles

Showing 30 of 169 zips in range — sorting picks from all 169.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
1.7 60804 Cicero 82,797 $1,330 $278,158
1.7 60546 Riverside 16,322 $1,726 $425,626
2.1 60534 Lyons 10,327 $1,450 $279,175
2.8 60304 Oak Park 16,955 $1,539 $504,990
2.8 60130 Forest Park 13,943 $1,532 $289,244
3.0 60513 Brookfield 19,343 $2,086 $359,369
3.6 60638 Chicago 57,074 $1,577 $327,129
3.7 60644 Chicago 47,210 $1,312 $220,953
3.8 60155 Broadview 7,906 $1,325 $283,055
3.9 60623 Chicago 81,277 $1,581 $227,958
3.9 60301 Oak Park 3,475 $2,315 $302,203
4.0 60501 Summit Argo 11,432 — $285,447
4.2 60632 Chicago 89,107 $1,551 $288,846
4.3 60153 Maywood 23,201 $1,419 $258,436
4.3 60302 Oak Park 32,862 $1,952 $465,449
4.6 60305 River Forest 11,992 $2,200 $721,893
4.8 60624 Chicago 35,263 $1,662 $229,782
4.8 60526 La Grange Park 13,459 $1,670 $493,827
5.2 60525 La Grange 31,324 $2,202 $500,565
5.3 60154 Westchester 16,436 — $368,929
5.4 60651 Chicago 63,335 $1,751 $284,370
5.6 60629 Chicago 108,324 $1,404 $273,942
5.6 60104 Bellwood 18,256 — $257,888
6.1 60558 Western Springs 13,446 — $907,256
6.2 60160 Melrose Park 24,549 $1,441 $327,346
6.2 60459 Burbank 28,739 $1,944 $313,588
6.2 60608 Chicago 80,737 $1,914 $367,513
6.2 60612 Chicago 35,744 $2,328 $380,092
6.2 60458 Justice 14,200 — $299,541
6.2 60707 Elmwood Park 41,116 $1,734 $354,398

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