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These days, finding an affordable place to live in the 60123 area can be challenging. Home prices in 60123 are now at a median cost of $265,811, lower than the Illinois average of $300,242.
The average cost of rent is $1,418/mo in 60123, primarily driven by the current value of real estate in the 60123 area. In 60123, 29.25% of households rent, and 30.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 60123 is $7,511 per month. Households that rent pay about 18.88% of their income on rent here. 60123’s most expensive areas are in the western 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
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