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These days, finding an affordable place to live in the 60407 area can be challenging. Home prices in 60407 are now at a median cost of $172,054, lower than the Illinois average of $242,002.
The average cost of rent is $1,247/mo in 60407, primarily driven by the current value of real estate in the 60407 area. While nearly 40.32% of residents own their homes outright in 60407, 18.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in 60407 is $6,402 per month. Households that rent pay about 19.48% of their income on rent here. 60407's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 60408, IL: equally priced homes
- 60416, IL: higher priced homes
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- 60935, IL: equally priced homes
- 60481, IL: higher priced homes
- 60961, IL: equally priced homes
- 60444, IL: higher priced homes
- 60969, IL: less expensive homes
- 60913, IL: equally priced homes
Zip Codes with Similar Populations
- 50135, IA: equally priced homes
- 58267, ND: equally priced homes
- 55795, MN: equally priced homes
- 55736, MN: less expensive homes
- 54424, WI: equally priced homes
- 54227, WI: higher priced homes
- 52069, IA: less expensive homes
- 51035, IA: less expensive homes
- 50602, IA: less expensive homes
- 61006, IL: less expensive homes
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