Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 61048 area can be challenging. Home prices in 61048 are now at a median cost of $145,895, lower than the Illinois average of $242,002.
The average cost of rent is $591/mo in 61048, primarily driven by the current value of real estate in the 61048 area. While nearly 41.01% of residents own their homes outright in 61048, 14.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61048 is $5,694 per month. Households that rent pay about 10.38% of their income on rent here. 61048's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 61027, IL: higher priced homes
- 61044, IL: equally priced homes
- 61050, IL: less expensive homes
- 61089, IL: equally priced homes
- 61059, IL: less expensive homes
- 61062, IL: equally priced homes
- 61013, IL: less expensive homes
- 61085, IL: less expensive homes
- 61032, IL: less expensive homes
- 61087, IL: less expensive homes
Zip Codes with Similar Populations
- 85539, AZ: less expensive homes
- 55349, MN: higher priced homes
- 04097, ME: higher priced homes
- 10928, NY: higher priced homes
- 11796, NY: higher priced homes
- 12594, NY: higher priced homes
- 13140, NY: less expensive homes
- 13803, NY: less expensive homes
- 14737, NY: less expensive homes
- 19035, PA: higher priced homes
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