Affordable
Expensive
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the 60516 area can be challenging. Home prices in 60516 are now at a median cost of $348,536, higher than the Illinois average of $242,002.
The average cost of rent is $1,564/mo in 60516, primarily driven by the current value of real estate in the 60516 area. While nearly 40.58% of residents own their homes outright in 60516, 21.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in 60516 is $9,068 per month. Households that rent pay about 17.25% of their income on rent here. 60516's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 60517, IL: less expensive homes
- 60561, IL: equally priced homes
- 60559, IL: equally priced homes
- 60515, IL: higher priced homes
- 60514, IL: higher priced homes
- 60527, IL: higher priced homes
- 60532, IL: equally priced homes
- 60521, IL: higher priced homes
- 60440, IL: less expensive homes
- 60523, IL: higher priced homes
Zip Codes with Similar Populations
- 02176, MA: higher priced homes
- 98685, WA: higher priced homes
- 98466, WA: higher priced homes
- 97008, OR: equally priced homes
- 94585, CA: higher priced homes
- 94131, CA: higher priced homes
- 92653, CA: higher priced homes
- 92173, CA: higher priced homes
- 91324, CA: higher priced homes
- 85641, AZ: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood