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These days, finding an affordable place to live in the 61049 area can be challenging. Home prices in 61049 are now at a median cost of $183,993, lower than the Illinois average of $300,242.
The average cost of rent is $780/mo in 61049, primarily driven by the current value of real estate in the 61049 area. In 61049, 20.64% of households rent, and 48.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61049 is $6,363 per month. Households that rent pay about 12.27% of their income on rent here. 61049’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern 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
- 61043, IL: higher priced homes
- 61052, IL: higher priced homes
- 61020, IL: equally priced homes
- 60129, IL: higher priced homes
- 61068, IL: equally priced homes
- 60146, IL: higher priced homes
- 60113, IL: less expensive homes
- 61084, IL: higher priced homes
- 61015, IL: higher priced homes
- 60111, IL: higher priced homes
Zip Codes with Similar Populations
- 73557, OK: higher priced homes
- 50544, IA: equally priced homes
- 50562, IA: less expensive homes
- 50654, IA: higher priced homes
- 51540, IA: less expensive homes
- 54103, WI: less expensive homes
- 70465, LA: less expensive homes
- 72068, AR: less expensive homes
- 72668, AR: equally priced homes
- 73537, OK: less expensive homes
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