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These days, finding an affordable place to live in the 61031 area can be challenging. Home prices in 61031 are now at a median cost of $100,886, lower than the Illinois average of $242,002.
The average cost of rent is $801/mo in 61031, primarily driven by the current value of real estate in the 61031 area. While nearly 48.08% of residents own their homes outright in 61031, 29.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61031 is $4,605 per month. Households that rent pay about 17.40% of their income on rent here. 61031's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 61057, IL: higher priced homes
- 61006, IL: higher priced homes
- 61324, IL: higher priced homes
- 61310, IL: higher priced homes
- 61021, IL: higher priced homes
- 61015, IL: higher priced homes
- 61378, IL: higher priced homes
- 61091, IL: higher priced homes
- 61068, IL: higher priced homes
- 61318, IL: higher priced homes
Zip Codes with Similar Populations
- 26055, WV: higher priced homes
- 03226, NH: higher priced homes
- 04955, ME: higher priced homes
- 05830, VT: higher priced homes
- 13348, NY: higher priced homes
- 13650, NY: higher priced homes
- 24827, WV: less expensive homes
- 14477, NY: higher priced homes
- 22733, VA: higher priced homes
- 15757, PA: less expensive homes
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