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Affordable
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These days, finding an affordable place to live in the 60506 area can be challenging. Home prices in 60506 are now at a median cost of $255,823, lower than the Illinois average of $300,242.
The average cost of rent is $1,505/mo in 60506, primarily driven by the current value of real estate in the 60506 area. In 60506, 32.43% of households rent, and 30.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 60506 is $7,380 per month. Households that rent pay about 20.40% of their income on rent here. 60506’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern 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
- 60505, IL: less expensive homes
- 60542, IL: higher priced homes
- 60538, IL: equally priced homes
- 60539, IL: higher priced homes
- 60554, IL: higher priced homes
- 60502, IL: higher priced homes
- 60519, IL: higher priced homes
- 60543, IL: higher priced homes
- 60504, IL: higher priced homes
- 60510, IL: higher priced homes
Zip Codes with Similar Populations
- 63301, MO: equally priced homes
- 92024, CA: higher priced homes
- 85207, AZ: higher priced homes
- 84065, UT: higher priced homes
- 84020, UT: higher priced homes
- 79907, TX: less expensive homes
- 78155, TX: equally priced homes
- 77511, TX: equally priced homes
- 77498, TX: higher priced homes
- 77070, TX: higher priced homes
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