The Most Affordable Neighborhoods in 60603, IL by Home Value

 

60603, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 60603 area can be challenging. Home prices in 60603 are now at a median cost of $586,041, higher than the Illinois average of $300,242.

The average cost of rent is $2,342/mo in 60603, primarily driven by the current value of real estate in the 60603 area. In 60603, 55.85% of households rent, and 50.79% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in 60603 is $11,792 per month. Households that rent pay about 19.86% of their income on rent here. 60603’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the zip.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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