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Affordable
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These days, finding an affordable place to live in the 61107 area can be challenging. Home prices in 61107 are now at a median cost of $174,080, lower than the Illinois average of $300,242.
The average cost of rent is $1,176/mo in 61107, primarily driven by the current value of real estate in the 61107 area. In 61107, 29.63% of households rent, and 38.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61107 is $6,890 per month. Households that rent pay about 17.06% of their income on rent here. 61107’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern 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
- 61108, IL: less expensive homes
- 61114, IL: higher priced homes
- 61104, IL: less expensive homes
- 61112, IL: higher priced homes
- 61111, IL: equally priced homes
- 61103, IL: less expensive homes
- 61109, IL: less expensive homes
- 61101, IL: less expensive homes
- 61016, IL: higher priced homes
- 61115, IL: equally priced homes
Zip Codes with Similar Populations
- 02118, MA: higher priced homes
- 98382, WA: higher priced homes
- 98201, WA: higher priced homes
- 96825, HI: higher priced homes
- 93420, CA: higher priced homes
- 90035, CA: higher priced homes
- 85351, AZ: higher priced homes
- 85053, AZ: higher priced homes
- 76049, TX: higher priced homes
- 60187, IL: higher priced homes
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