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These days, finding an affordable place to live in the 61242 area can be challenging. Home prices in 61242 are now at a median cost of $212,773, lower than the Illinois average of $300,242.
The average cost of rent is $966/mo in 61242, primarily driven by the current value of real estate in the 61242 area. In 61242, 14.35% of households rent, and 48.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61242 is $7,710 per month. Households that rent pay about 12.53% of their income on rent here. 61242’s most expensive areas are in the southern 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
- 52768, IA: higher priced homes
- 52753, IA: higher priced homes
- 61275, IL: higher priced homes
- 52730, IA: less expensive homes
- 61278, IL: less expensive homes
- 61230, IL: less expensive homes
- 61257, IL: less expensive homes
- 52758, IA: equally priced homes
- 52767, IA: higher priced homes
- 61256, IL: less expensive homes
Zip Codes with Similar Populations
- 57075, SD: higher priced homes
- 62244, IL: higher priced homes
- 62074, IL: equally priced homes
- 61526, IL: higher priced homes
- 61375, IL: less expensive homes
- 61070, IL: less expensive homes
- 60935, IL: equally priced homes
- 59930, MT: higher priced homes
- 58849, ND: higher priced homes
- 58433, ND: less expensive homes
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