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These days, finding an affordable place to live in the 60647 area can be challenging. Home prices in 60647 are now at a median cost of $492,904, higher than the Illinois average of $242,002.
The average cost of rent is $1,575/mo in 60647, primarily driven by the current value of real estate in the 60647 area. While nearly 21.85% of residents own their homes outright in 60647, 59.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in 60647 is $8,296 per month. Households that rent pay about 18.98% of their income on rent here. 60647's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 60622, IL: higher priced homes
- 60618, IL: equally priced homes
- 60651, IL: less expensive homes
- 60639, IL: less expensive homes
- 60642, IL: equally priced homes
- 60614, IL: higher priced homes
- 60641, IL: less expensive homes
- 60657, IL: equally priced homes
- 60612, IL: less expensive homes
- 60624, IL: less expensive homes
Zip Codes with Similar Populations
- 90805, CA: less expensive homes
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- 92345, CA: less expensive homes
- 92154, CA: less expensive homes
- 92126, CA: higher priced homes
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- 91910, CA: less expensive homes
- 91744, CA: equally priced homes
- 91709, CA: higher priced homes
- 92503, CA: less expensive homes
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