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These days, finding an affordable place to live in the 61061 area can be challenging. Home prices in 61061 are now at a median cost of $175,743, lower than the Illinois average of $242,002.
The average cost of rent is $863/mo in 61061, primarily driven by the current value of real estate in the 61061 area. While nearly 48.33% of residents own their homes outright in 61061, 23.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61061 is $6,016 per month. Households that rent pay about 14.35% of their income on rent here. 61061's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 61054, IL: less expensive homes
- 61015, IL: equally priced homes
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- 61084, IL: equally priced homes
- 61064, IL: less expensive homes
- 61091, IL: equally priced homes
- 61043, IL: equally priced homes
- 61020, IL: less expensive homes
- 61030, IL: less expensive homes
Zip Codes with Similar Populations
- 36572, AL: equally priced homes
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- 39218, MS: less expensive homes
- 38858, MS: less expensive homes
- 37890, TN: less expensive homes
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