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These days, finding an affordable place to live in the 60048 area can be challenging. Home prices in 60048 are now at a median cost of $548,880, higher than the Illinois average of $300,242.
The average cost of rent is $1,758/mo in 60048, primarily driven by the current value of real estate in the 60048 area. In 60048, 16.67% of households rent, and 31.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 60048 is $15,025 per month. Households that rent pay about 11.70% of their income on rent here. 60048’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern 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
- 60060, IL: less expensive homes
- 60061, IL: less expensive homes
- 60044, IL: higher priced homes
- 60088, IL: less expensive homes
- 60030, IL: less expensive homes
- 60064, IL: less expensive homes
- 60031, IL: less expensive homes
- 60045, IL: higher priced homes
- 60085, IL: less expensive homes
- 60069, IL: higher priced homes
Zip Codes with Similar Populations
- 38632, MS: less expensive homes
- 02919, RI: less expensive homes
- 07631, NJ: higher priced homes
- 10030, NY: higher priced homes
- 11542, NY: higher priced homes
- 11763, NY: less expensive homes
- 29316, SC: less expensive homes
- 15227, PA: less expensive homes
- 18052, PA: less expensive homes
- 28602, NC: less expensive homes
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