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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 $161,600, lower than the Illinois average of $242,002.
The average cost of rent is $1,161/mo in 60505, primarily driven by the current value of real estate in the 60505 area. While nearly 39.66% of residents own their homes outright in 60505, 39.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in 60505 is $5,205 per month. Households that rent pay about 22.29% of their income on rent here. 60505's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
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: equally priced 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: equally priced homes
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