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Affordable
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These days, finding an affordable place to live in the 61102 area can be challenging. Home prices in 61102 are now at a median cost of $107,429, lower than the Illinois average of $300,242.
The average cost of rent is $903/mo in 61102, primarily driven by the current value of real estate in the 61102 area. In 61102, 36.14% of households rent, and 61.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61102 is $4,591 per month. Households that rent pay about 19.67% of their income on rent here. 61102’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern 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
- 61104, IL: less expensive homes
- 61101, IL: equally priced homes
- 61103, IL: higher priced homes
- 61109, IL: higher priced homes
- 61107, IL: higher priced homes
- 61108, IL: higher priced homes
- 61088, IL: higher priced homes
- 61114, IL: higher priced homes
- 61111, IL: higher priced homes
- 61112, IL: higher priced homes
Zip Codes with Similar Populations
- 08062, NJ: higher priced homes
- 55398, MN: higher priced homes
- 70526, LA: higher priced homes
- 67042, KS: higher priced homes
- 64127, MO: less expensive homes
- 61104, IL: less expensive homes
- 60118, IL: higher priced homes
- 59803, MT: higher priced homes
- 56073, MN: higher priced homes
- 55720, MN: higher priced homes
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