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Affordable
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These days, finding an affordable place to live in the 61088 area can be challenging. Home prices in 61088 are now at a median cost of $223,526, lower than the Illinois average of $300,242.
The average cost of rent is $1,074/mo in 61088, primarily driven by the current value of real estate in the 61088 area. In 61088, 11.91% of households rent, and 37.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61088 is $8,335 per month. Households that rent pay about 12.89% of their income on rent here. 61088’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern 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
- 61063, IL: less expensive homes
- 61077, IL: equally priced homes
- 61102, IL: less expensive homes
- 61101, IL: less expensive homes
- 61103, IL: less expensive homes
- 61104, IL: less expensive homes
- 61010, IL: equally priced homes
- 61109, IL: less expensive homes
- 61084, IL: equally priced homes
- 61107, IL: less expensive homes
Zip Codes with Similar Populations
- 03242, NH: higher priced homes
- 08515, NJ: higher priced homes
- 08230, NJ: higher priced homes
- 07739, NJ: higher priced homes
- 07718, NJ: higher priced homes
- 07677, NJ: higher priced homes
- 07662, NJ: higher priced homes
- 06447, CT: higher priced homes
- 06419, CT: higher priced homes
- 05851, VT: equally priced homes
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