How much is a home worth in ZIP code 60466?

The typical home in 60466 is worth $153,354, based on the Zillow Home Value Index.

Are home values rising in 60466?

Home values in 60466 are up 2.8% over the past year, and up 6.4% a year over five years.

What is the typical rent in 60466?

A typical home in 60466 rents for about $1,999 a month, a gross rental yield of 15.6%.

What is the property tax rate in 60466?

The effective property tax rate in 60466 is 2.8% — roughly $4,259 a year on a typical home.

ZIP code 60466 has a population of 21,461 and a median household income of $61,654.

HousingHandbookReference data

…

U.S. ZIP Code · IL60466

Cook County · Chicago-Naperville-Elgin, IL-IN

Typical home value

$153,354^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.8%
5-year / yr: +6.4%
10-year / yr: +11.9%

Relative price

vs U.S.: -46.0%
vs metro: -54.5%
vs state: -19.8%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 60466 is worth $153,354 — 54.5% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 2.8%. Homes here rent for a typical $1,999 a month — a 15.6% gross rental yield. The effective property tax rate is 2.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,999^[2]
Gross yield: 15.6%^[2]
Cap rate: 9.4%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 2.8%^[3]
Typical annual tax: $4,259^[3]

#Climate risk

FEMA National Risk Index ratings for Cook County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Very High^[4]
Riverine flood: Very High
Coastal flood: Relatively Low
Wildfire: Very Low
Drought: Very Low
Heat wave: Very High
Hurricane: Very Low
Tornado: Very High
Earthquake: Relatively High
Winter weather: Very High

#Who lives here

Population: 21,461^[3]
Median household income: $61,654^[3]

#Migration

Household moves in and out of Cook County over a year, from IRS tax-return data.

Net migration: -14,346^[5]
Moved in: 86,012
Moved out: 100,358

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 8
Elementary: 5
Middle: 2
High: 0

Michelle Obama Sch of Technology
Middle · Grades 6–8 · Park Forest SD 163
496 students
Illinois School
Elementary · Grades K–8 · Matteson ESD 162
399 students
Talala Elementary School
Elementary · Grades K–5 · Crete Monee CUSD 201U
287 students
Mohawk Primary Center
Elementary · Grades K–3 · Park Forest SD 163
268 students
Indiana Elem School
Middle · Grades 4–6 · Matteson ESD 162
191 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield15.6%

Net yield (after ~40% expenses)9.4%

Annual rent$23,989

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$775

Loan principal$122,684

Down payment$30,671

Total interest paid$156,476

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.63

Monthly cost to own$1,259

Monthly rent$1,999

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 65th percentile^[1]
Rental yield: 98th percentile^[2]
Property tax: 98th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 60466?: The typical home in 60466 is worth $153,354, based on the Zillow Home Value Index.
Are home values rising in 60466?: Home values in 60466 are up 2.8% over the past year, and up 6.4% a year over five years.
What is the typical rent in 60466?: A typical home in 60466 rents for about $1,999 a month, a gross rental yield of 15.6%.
What is the property tax rate in 60466?: The effective property tax rate in 60466 is 2.8% — roughly $4,259 a year on a typical home.
Who lives in 60466?: ZIP code 60466 has a population of 21,461 and a median household income of $61,654.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

46403 vs 60466 →
Gary, IN
Typical home
$153,191
Gross yield
10.2%
60428 vs 60466 →
Markham, IL
Typical home
$152,867
Gross yield
19.6%
60419
Dolton, IL
Typical home
$153,880
Gross yield
16.5%
60409
Calumet City, IL
Typical home
$154,824
Gross yield
13.0%
46327
Hammond, IN
Typical home
$156,002
Gross yield
—
46405
Lake Station, IN
Typical home
$156,613
Gross yield
—

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#Jump to section

U.S. ZIP Code · IL60466

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