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These days, finding an affordable place to live in the 60706 area can be challenging. Home prices in 60706 are now at a median cost of $363,758, higher than the Illinois average of $300,242.
The average cost of rent is $1,430/mo in 60706, primarily driven by the current value of real estate in the 60706 area. In 60706, 27.00% of households rent, and 54.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 60706 is $7,531 per month. Households that rent pay about 18.99% of their income on rent here. 60706’s most expensive areas are in the western regions, while the cheapest areas are in the northern 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
- 60656, IL: less expensive homes
- 60634, IL: equally priced homes
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- 60176, IL: less expensive homes
- 60171, IL: less expensive homes
- 60707, IL: equally priced homes
- 60630, IL: equally priced homes
- 60646, IL: higher priced homes
- 60068, IL: higher priced homes
- 60131, IL: less expensive homes
Zip Codes with Similar Populations
- 91775, CA: higher priced homes
- 46208, IN: less expensive homes
- 46725, IN: less expensive homes
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- 55313, MN: equally priced homes
- 77054, TX: less expensive homes
- 90068, CA: higher priced homes
- 06108, CT: less expensive homes
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