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These days, finding an affordable place to live in the 61238 area can be challenging. Home prices in 61238 are now at a median cost of $116,673, lower than the Illinois average of $242,002.
The average cost of rent is $766/mo in 61238, primarily driven by the current value of real estate in the 61238 area. While nearly 36.75% of residents own their homes outright in 61238, 11.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61238 is $5,479 per month. Households that rent pay about 13.99% of their income on rent here. 61238's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
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Zip Codes with Similar Populations
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