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These days, finding an affordable place to live in the 60040 area can be challenging. Home prices in 60040 are now at a median cost of $477,387, higher than the Illinois average of $300,242.
The average cost of rent is $1,957/mo in 60040, primarily driven by the current value of real estate in the 60040 area. In 60040, 43.64% of households rent, and 45.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 60040 is $8,698 per month. Households that rent pay about 22.50% of their income on rent here. 60040’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern 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
- 60035, IL: higher priced homes
- 60045, IL: higher priced homes
- 60015, IL: higher priced homes
- 60069, IL: higher priced homes
- 60022, IL: higher priced homes
- 60062, IL: higher priced homes
- 60044, IL: higher priced homes
- 60088, IL: less expensive homes
- 60093, IL: higher priced homes
- 60090, IL: less expensive homes
Zip Codes with Similar Populations
- 18847, PA: less expensive homes
- 11980, NY: equally priced homes
- 12123, NY: less expensive homes
- 12946, NY: equally priced homes
- 13778, NY: less expensive homes
- 14009, NY: less expensive homes
- 14131, NY: less expensive homes
- 14505, NY: less expensive homes
- 15320, PA: less expensive homes
- 15714, PA: less expensive homes
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