The Most Affordable Neighborhoods in 61257, IL by Home Value

 

61257, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 61257 area can be challenging. Home prices in 61257 are now at a median cost of $107,319, lower than the Illinois average of $242,002.

The average cost of rent is $992/mo in 61257, primarily driven by the current value of real estate in the 61257 area. While nearly 48.92% of residents own their homes outright in 61257, 9.92% rent.

Housing affordability isn’t just about home prices, though. The average household income in 61257 is $5,803 per month. Households that rent pay about 17.10% of their income on rent here. 61257's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the zip.


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