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These days, finding an affordable place to live in the 61234 area can be challenging. Home prices in 61234 are now at a median cost of $155,638, lower than the Illinois average of $300,242.
The average cost of rent is $635/mo in 61234, primarily driven by the current value of real estate in the 61234 area. In 61234, 21.09% of households rent, and 51.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61234 is $6,169 per month. Households that rent pay about 10.29% of their income on rent here. 61234’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central 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
- 61344, IL: higher priced homes
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- 61238, IL: equally priced homes
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Zip Codes with Similar Populations
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- 63548, MO: equally priced homes
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