The Most Affordable Neighborhoods in 60642, IL by Home Value

 

60642, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 60642 area can be challenging. Home prices in 60642 are now at a median cost of $518,755, higher than the Illinois average of $242,002.

The average cost of rent is $1,842/mo in 60642, primarily driven by the current value of real estate in the 60642 area. While nearly 18.88% of residents own their homes outright in 60642, 61.74% rent.

Housing affordability isn’t just about home prices, though. The average household income in 60642 is $10,579 per month. Households that rent pay about 17.41% of their income on rent here. 60642's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.


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