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These days, finding an affordable place to live in the 60827 area can be challenging. Home prices in 60827 are now at a median cost of $137,302, lower than the Illinois average of $300,242.
The average cost of rent is $1,067/mo in 60827, primarily driven by the current value of real estate in the 60827 area. In 60827, 59.75% of households rent, and 44.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 60827 is $3,301 per month. Households that rent pay about 32.32% of their income on rent here. 60827’s most expensive areas are in the western regions, while the cheapest areas are in the central 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
- 60419, IL: higher priced homes
- 60406, IL: higher priced homes
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- 60628, IL: higher priced homes
- 60469, IL: higher priced homes
- 60643, IL: higher priced homes
- 60473, IL: higher priced homes
- 60472, IL: equally priced homes
- 60633, IL: higher priced homes
- 60428, IL: equally priced homes
Zip Codes with Similar Populations
- 75090, TX: higher priced homes
- 45420, OH: equally priced homes
- 01609, MA: higher priced homes
- 64083, MO: higher priced homes
- 66030, KS: higher priced homes
- 68111, NE: equally priced homes
- 68144, NE: higher priced homes
- 70363, LA: equally priced homes
- 70634, LA: higher priced homes
- 73064, OK: higher priced homes
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