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These days, finding an affordable place to live in the 61250 area can be challenging. Home prices in 61250 are now at a median cost of $144,862, lower than the Illinois average of $242,002.
The average cost of rent is $762/mo in 61250, primarily driven by the current value of real estate in the 61250 area. While nearly 44.23% of residents own their homes outright in 61250, 27.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61250 is $6,572 per month. Households that rent pay about 11.59% of their income on rent here. 61250's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 61251, IL: higher priced homes
- 61257, IL: less expensive homes
- 61277, IL: less expensive homes
- 61261, IL: less expensive homes
- 61230, IL: equally priced homes
- 61242, IL: higher priced homes
- 61275, IL: higher priced homes
- 52730, IA: equally priced homes
- 61258, IL: equally priced homes
- 52768, IA: higher priced homes
Zip Codes with Similar Populations
- 05032, VT: higher priced homes
- 97845, OR: higher priced homes
- 95053, CA: higher priced homes
- 85534, AZ: less expensive homes
- 83611, ID: higher priced homes
- 76129, TX: higher priced homes
- 68037, NE: higher priced homes
- 51050, IA: higher priced homes
- 48022, MI: higher priced homes
- 38878, MS: less expensive homes
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