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These days, finding an affordable place to live in the 61111 area can be challenging. Home prices in 61111 are now at a median cost of $134,061, lower than the Illinois average of $242,002.
The average cost of rent is $1,046/mo in 61111, primarily driven by the current value of real estate in the 61111 area. While nearly 36.74% of residents own their homes outright in 61111, 31.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61111 is $5,738 per month. Households that rent pay about 18.24% of their income on rent here. 61111's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 61114, IL: higher priced homes
- 61115, IL: equally priced homes
- 61107, IL: equally priced homes
- 61103, IL: less expensive homes
- 61011, IL: higher priced homes
- 61108, IL: less expensive homes
- 61101, IL: less expensive homes
- 61112, IL: equally priced homes
- 61104, IL: less expensive homes
- 61073, IL: higher priced homes
Zip Codes with Similar Populations
- 08109, NJ: higher priced homes
- 14617, NY: equally priced homes
- 15205, PA: higher priced homes
- 78734, TX: higher priced homes
- 53545, WI: higher priced homes
- 53916, WI: higher priced homes
- 60108, IL: higher priced homes
- 60406, IL: equally priced homes
- 60561, IL: higher priced homes
- 60654, IL: higher priced homes
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