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These days, finding an affordable place to live in the 60005 area can be challenging. Home prices in 60005 are now at a median cost of $240,802, lower than the Illinois average of $242,002.
The average cost of rent is $1,431/mo in 60005, primarily driven by the current value of real estate in the 60005 area. While nearly 45.74% of residents own their homes outright in 60005, 56.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in 60005 is $7,299 per month. Households that rent pay about 19.60% of their income on rent here. 60005's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 60008, IL: equally priced homes
- 60056, IL: higher priced homes
- 60004, IL: higher priced homes
- 60173, IL: less expensive homes
- 60196, IL: higher priced homes
- 60007, IL: equally priced homes
- 60070, IL: less expensive homes
- 60016, IL: equally priced homes
- 60067, IL: higher priced homes
- 60074, IL: less expensive homes
Zip Codes with Similar Populations
- 29576, SC: higher priced homes
- 44070, OH: less expensive homes
- 49417, MI: higher priced homes
- 75041, TX: less expensive homes
- 08610, NJ: less expensive homes
- 48917, MI: less expensive homes
- 53151, WI: higher priced homes
- 66212, KS: equally priced homes
- 71112, LA: less expensive homes
- 46342, IN: less expensive homes
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