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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 $448,360, higher than the Illinois average of $242,002.
The average cost of rent is $1,590/mo in 60040, primarily driven by the current value of real estate in the 60040 area. While nearly 28.61% of residents own their homes outright in 60040, 53.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in 60040 is $7,406 per month. Households that rent pay about 21.47% of their income on rent here. 60040's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the zip.
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: less expensive 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: less expensive 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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