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These days, finding an affordable place to live in the 60031 area can be challenging. Home prices in 60031 are now at a median cost of $269,912, higher than the Illinois average of $242,002.
The average cost of rent is $1,535/mo in 60031, primarily driven by the current value of real estate in the 60031 area. While nearly 31.57% of residents own their homes outright in 60031, 27.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in 60031 is $8,781 per month. Households that rent pay about 17.48% of their income on rent here. 60031's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 60083, IL: equally priced homes
- 60030, IL: less expensive homes
- 60085, IL: less expensive homes
- 60087, IL: less expensive homes
- 60048, IL: higher priced homes
- 60064, IL: less expensive homes
- 60046, IL: less expensive homes
- 60088, IL: equally priced homes
- 60099, IL: less expensive homes
- 60044, IL: higher priced homes
Zip Codes with Similar Populations
- 42420, KY: less expensive homes
- 27530, NC: less expensive homes
- 23321, VA: equally priced homes
- 77035, TX: less expensive homes
- 98290, WA: higher priced homes
- 77351, TX: less expensive homes
- 75081, TX: higher priced homes
- 60060, IL: equally priced homes
- 40272, KY: less expensive homes
- 02138, MA: higher priced homes
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