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These days, finding an affordable place to live in the 60431 area can be challenging. Home prices in 60431 are now at a median cost of $230,551, lower than the Illinois average of $242,002.
The average cost of rent is $1,716/mo in 60431, primarily driven by the current value of real estate in the 60431 area. While nearly 21.75% of residents own their homes outright in 60431, 13.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in 60431 is $8,191 per month. Households that rent pay about 20.95% of their income on rent here. 60431's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 60586, IL: higher priced homes
- 60404, IL: higher priced homes
- 60435, IL: less expensive homes
- 60403, IL: less expensive homes
- 60544, IL: higher priced homes
- 60436, IL: less expensive homes
- 60447, IL: equally priced homes
- 60585, IL: higher priced homes
- 60446, IL: less expensive homes
- 60410, IL: equally priced homes
Zip Codes with Similar Populations
- 02132, MA: higher priced homes
- 99577, AK: higher priced homes
- 98248, WA: higher priced homes
- 97317, OR: higher priced homes
- 97003, OR: higher priced homes
- 94598, CA: higher priced homes
- 92411, CA: equally priced homes
- 91030, CA: higher priced homes
- 37934, TN: higher priced homes
- 37804, TN: less expensive homes
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