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These days, finding an affordable place to live in the 61241 area can be challenging. Home prices in 61241 are now at a median cost of $162,999, lower than the Illinois average of $300,242.
The average cost of rent is $817/mo in 61241, primarily driven by the current value of real estate in the 61241 area. In 61241, 17.11% of households rent, and 38.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61241 is $7,029 per month. Households that rent pay about 11.62% of their income on rent here. 61241’s most expensive areas are in the southern regions, while the cheapest areas are in the western 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
- 61236, IL: less expensive homes
- 61239, IL: equally priced homes
- 61282, IL: equally priced homes
- 61244, IL: less expensive homes
- 61256, IL: higher priced homes
- 61240, IL: higher priced homes
- 61278, IL: higher priced homes
- 52767, IA: higher priced homes
- 61275, IL: higher priced homes
- 61265, IL: equally priced homes
Zip Codes with Similar Populations
- 31096, GA: less expensive homes
- 33953, FL: higher priced homes
- 33920, FL: higher priced homes
- 33042, FL: higher priced homes
- 32730, FL: higher priced homes
- 32435, FL: higher priced homes
- 32066, FL: higher priced homes
- 31635, GA: equally priced homes
- 31546, GA: higher priced homes
- 31315, GA: higher priced homes
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