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These days, finding an affordable place to live in the 60518 area can be challenging. Home prices in 60518 are now at a median cost of $173,104, lower than the Illinois average of $300,242.
The average cost of rent is $998/mo in 60518, primarily driven by the current value of real estate in the 60518 area. In 60518, 30.97% of households rent, and 45.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 60518 is $6,526 per month. Households that rent pay about 15.30% of their income on rent here. 60518’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
- 60531, IL: higher priced homes
- 61353, IL: equally priced homes
- 61371, IL: equally priced homes
- 61342, IL: less expensive homes
- 60549, IL: higher priced homes
- 61372, IL: higher priced homes
- 60552, IL: higher priced homes
- 60557, IL: higher priced homes
- 60551, IL: higher priced homes
- 60548, IL: higher priced homes
Zip Codes with Similar Populations
- 99833, AK: higher priced homes
- 55934, MN: higher priced homes
- 67135, KS: higher priced homes
- 67335, KS: less expensive homes
- 71067, LA: less expensive homes
- 73541, OK: equally priced homes
- 75423, TX: higher priced homes
- 76932, TX: equally priced homes
- 94508, CA: higher priced homes
- 35447, AL: less expensive homes
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