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These days, finding an affordable place to live in the 61050 area can be challenging. Home prices in 61050 are now at a median cost of $129,118, lower than the Illinois average of $242,002.
The average cost of rent is $998/mo in 61050, primarily driven by the current value of real estate in the 61050 area. While nearly 45.46% of residents own their homes outright in 61050, 11.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61050 is $6,871 per month. Households that rent pay about 14.52% of their income on rent here. 61050's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 61089, IL: higher priced homes
- 61060, IL: equally priced homes
- 61048, IL: higher priced homes
- 61013, IL: equally priced homes
- 61027, IL: higher priced homes
- 53522, WI: higher priced homes
- 61018, IL: equally priced homes
- 61059, IL: equally priced homes
- 61044, IL: equally priced homes
- 53587, WI: higher priced homes
Zip Codes with Similar Populations
- 38376, TN: less expensive homes
- 87017, NM: higher priced homes
- 84764, UT: higher priced homes
- 80818, CO: higher priced homes
- 46102, IN: higher priced homes
- 45746, OH: less expensive homes
- 45372, OH: higher priced homes
- 44838, OH: higher priced homes
- 43033, OH: higher priced homes
- 42354, KY: less expensive homes
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