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These days, finding an affordable place to live in the 60505 area can be challenging. Home prices in 60505 are now at a median cost of $215,802, lower than the Illinois average of $300,242.
The average cost of rent is $1,400/mo in 60505, primarily driven by the current value of real estate in the 60505 area. In 60505, 40.79% of households rent, and 47.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 60505 is $6,524 per month. Households that rent pay about 21.47% of their income on rent here. 60505’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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
- 60506, IL: higher priced homes
- 60502, IL: higher priced homes
- 60504, IL: higher priced homes
- 60519, IL: higher priced homes
- 60503, IL: higher priced homes
- 60542, IL: higher priced homes
- 60538, IL: higher priced homes
- 60539, IL: higher priced homes
- 60543, IL: higher priced homes
- 60510, IL: higher priced homes
Zip Codes with Similar Populations
- 99208, WA: higher priced homes
- 00976, PR: less expensive homes
- 93312, CA: higher priced homes
- 94087, CA: higher priced homes
- 94122, CA: higher priced homes
- 95023, CA: higher priced homes
- 95670, CA: higher priced homes
- 96744, HI: higher priced homes
- 97045, OR: higher priced homes
- 30016, GA: higher priced homes
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