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These days, finding an affordable place to live in the 60020 area can be challenging. Home prices in 60020 are now at a median cost of $236,266, lower than the Illinois average of $300,242.
The average cost of rent is $1,185/mo in 60020, primarily driven by the current value of real estate in the 60020 area. In 60020, 29.03% of households rent, and 32.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 60020 is $7,185 per month. Households that rent pay about 16.50% of their income on rent here. 60020’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 60041, IL: equally priced homes
- 60051, IL: higher priced homes
- 60073, IL: equally priced homes
- 60081, IL: higher priced homes
- 60046, IL: higher priced homes
- 60002, IL: higher priced homes
- 60072, IL: higher priced homes
- 60050, IL: higher priced homes
- 60071, IL: higher priced homes
- 60030, IL: higher priced homes
Zip Codes with Similar Populations
- 35204, AL: less expensive homes
- 79124, TX: higher priced homes
- 78725, TX: higher priced homes
- 78362, TX: less expensive homes
- 40118, KY: less expensive homes
- 37807, TN: equally priced homes
- 36274, AL: less expensive homes
- 35769, AL: less expensive homes
- 35634, AL: higher priced homes
- 79756, TX: less expensive homes
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