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These days, finding an affordable place to live in the 60607 area can be challenging. Home prices in 60607 are now at a median cost of $538,914, higher than the Illinois average of $300,242.
The average cost of rent is $2,503/mo in 60607, primarily driven by the current value of real estate in the 60607 area. In 60607, 56.33% of households rent, and 29.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 60607 is $12,001 per month. Households that rent pay about 20.86% of their income on rent here. 60607’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern 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
- 60661, IL: less expensive homes
- 60606, IL: less expensive homes
- 60604, IL: equally priced homes
- 60603, IL: equally priced homes
- 60602, IL: less expensive homes
- 60605, IL: less expensive homes
- 60654, IL: equally priced homes
- 60642, IL: equally priced homes
- 60612, IL: less expensive homes
- 60601, IL: equally priced homes
Zip Codes with Similar Populations
- 48236, MI: less expensive homes
- 08723, NJ: less expensive homes
- 21801, MD: less expensive homes
- 22101, VA: higher priced homes
- 29609, SC: less expensive homes
- 30340, GA: less expensive homes
- 46201, IN: less expensive homes
- 37067, TN: higher priced homes
- 48234, MI: less expensive homes
- 50014, IA: less expensive homes
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