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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 $125,141, lower than the Illinois average of $242,002.
The average cost of rent is $714/mo in 61234, primarily driven by the current value of real estate in the 61234 area. While nearly 48.11% of residents own their homes outright in 61234, 23.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61234 is $4,788 per month. Households that rent pay about 14.92% of their income on rent here. 61234's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the zip.
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