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These days, finding an affordable place to live in the 60520 area can be challenging. Home prices in 60520 are now at a median cost of $315,698, higher than the Illinois average of $300,242.
The average cost of rent is $1,355/mo in 60520, primarily driven by the current value of real estate in the 60520 area. In 60520, 20.66% of households rent, and 28.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 60520 is $7,679 per month. Households that rent pay about 17.65% of their income on rent here. 60520’s most expensive areas are in the northwestern 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
- 60511, IL: equally priced homes
- 60556, IL: less expensive homes
- 60548, IL: less expensive homes
- 60545, IL: less expensive homes
- 60552, IL: less expensive homes
- 60554, IL: higher priced homes
- 60550, IL: less expensive homes
- 60119, IL: higher priced homes
- 60536, IL: higher priced homes
- 60512, IL: equally priced homes
Zip Codes with Similar Populations
- 14840, NY: less expensive homes
- 56096, MN: less expensive homes
- 65674, MO: less expensive homes
- 67835, KS: less expensive homes
- 43748, OH: less expensive homes
- 75433, TX: less expensive homes
- 41774, KY: less expensive homes
- 85121, AZ: higher priced homes
- 38850, MS: less expensive homes
- 36523, AL: less expensive homes
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