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These days, finding an affordable place to live in the 61042 area can be challenging. Home prices in 61042 are now at a median cost of $217,187, lower than the Illinois average of $300,242.
The average cost of rent is $816/mo in 61042, primarily driven by the current value of real estate in the 61042 area. In 61042, 16.34% of households rent, and 46.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61042 is $8,581 per month. Households that rent pay about 9.51% of their income on rent here. 61042’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern 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
- 61243, IL: less expensive homes
- 61071, IL: less expensive homes
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Zip Codes with Similar Populations
- 50451, IA: less expensive homes
- 83271, ID: equally priced homes
- 83123, WY: higher priced homes
- 80483, CO: higher priced homes
- 80438, CO: higher priced homes
- 79054, TX: less expensive homes
- 58779, ND: equally priced homes
- 52765, IA: equally priced homes
- 52586, IA: equally priced homes
- 52557, IA: less expensive homes
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