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These days, finding an affordable place to live in the 61101 area can be challenging. Home prices in 61101 are now at a median cost of $101,646, lower than the Illinois average of $300,242.
The average cost of rent is $1,101/mo in 61101, primarily driven by the current value of real estate in the 61101 area. In 61101, 48.85% of households rent, and 53.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61101 is $4,223 per month. Households that rent pay about 26.06% of their income on rent here. 61101’s most expensive areas are in the northwestern 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
- 61103, IL: higher priced homes
- 61102, IL: equally priced homes
- 61104, IL: less expensive homes
- 61107, IL: higher priced homes
- 61114, IL: higher priced homes
- 61111, IL: higher priced homes
- 61108, IL: higher priced homes
- 61115, IL: higher priced homes
- 61109, IL: higher priced homes
- 61088, IL: higher priced homes
Zip Codes with Similar Populations
- 63104, MO: higher priced homes
- 44055, OH: equally priced homes
- 44223, OH: higher priced homes
- 02888, RI: higher priced homes
- 46250, IN: higher priced homes
- 47172, IN: higher priced homes
- 48458, MI: equally priced homes
- 48854, MI: higher priced homes
- 49002, MI: higher priced homes
- 49058, MI: higher priced homes
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