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These days, finding an affordable place to live in the 60420 area can be challenging. Home prices in 60420 are now at a median cost of $172,909, lower than the Illinois average of $300,242.
The average cost of rent is $1,008/mo in 60420, primarily driven by the current value of real estate in the 60420 area. In 60420, 29.36% of households rent, and 49.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 60420 is $6,097 per month. Households that rent pay about 16.53% of their income on rent here. 60420’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western 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
- 60920, IL: equally priced homes
- 60460, IL: equally priced homes
- 60424, IL: higher priced homes
- 60934, IL: equally priced homes
- 60437, IL: higher priced homes
- 60474, IL: equally priced homes
- 60961, IL: equally priced homes
- 60470, IL: equally priced homes
- 61313, IL: higher priced homes
- 60917, IL: equally priced homes
Zip Codes with Similar Populations
- 03470, NH: higher priced homes
- 05461, VT: higher priced homes
- 06365, CT: higher priced homes
- 60461, IL: higher priced homes
- 48892, MI: higher priced homes
- 50124, IA: higher priced homes
- 50156, IA: higher priced homes
- 51351, IA: higher priced homes
- 52339, IA: less expensive homes
- 52340, IA: higher priced homes
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