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Affordable
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These days, finding an affordable place to live in the 61201 area can be challenging. Home prices in 61201 are now at a median cost of $123,185, lower than the Illinois average of $300,242.
The average cost of rent is $919/mo in 61201, primarily driven by the current value of real estate in the 61201 area. In 61201, 35.31% of households rent, and 42.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61201 is $5,390 per month. Households that rent pay about 17.04% of their income on rent here. 61201’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern 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
- 52801, IA: less expensive homes
- 52802, IA: less expensive homes
- 52803, IA: higher priced homes
- 61265, IL: higher priced homes
- 52804, IA: higher priced homes
- 61264, IL: higher priced homes
- 52807, IA: higher priced homes
- 52722, IA: higher priced homes
- 52806, IA: higher priced homes
- 61240, IL: higher priced homes
Zip Codes with Similar Populations
- 55311, MN: higher priced homes
- 98203, WA: higher priced homes
- 95401, CA: higher priced homes
- 93711, CA: higher priced homes
- 92807, CA: higher priced homes
- 92672, CA: higher priced homes
- 89002, NV: higher priced homes
- 84045, UT: higher priced homes
- 80031, CO: higher priced homes
- 76904, TX: higher priced homes
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