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These days, finding an affordable place to live in the 61062 area can be challenging. Home prices in 61062 are now at a median cost of $142,058, lower than the Illinois average of $242,002.
The average cost of rent is $753/mo in 61062, primarily driven by the current value of real estate in the 61062 area. While nearly 45.91% of residents own their homes outright in 61062, 17.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61062 is $5,328 per month. Households that rent pay about 14.12% of their income on rent here. 61062's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 61044, IL: equally priced homes
- 61027, IL: higher priced homes
- 61048, IL: equally priced homes
- 61078, IL: higher priced homes
- 61046, IL: equally priced homes
- 61032, IL: less expensive homes
- 61085, IL: less expensive homes
- 61013, IL: equally priced homes
- 61007, IL: higher priced homes
- 61053, IL: less expensive homes
Zip Codes with Similar Populations
- 53504, WI: higher priced homes
- 68523, NE: higher priced homes
- 62895, IL: less expensive homes
- 62844, IL: less expensive homes
- 58270, ND: less expensive homes
- 58251, ND: higher priced homes
- 57638, SD: less expensive homes
- 57212, SD: equally priced homes
- 55932, MN: higher priced homes
- 71027, LA: less expensive homes
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