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These days, finding an affordable place to live in the 61261 area can be challenging. Home prices in 61261 are now at a median cost of $103,629, lower than the Illinois average of $242,002.
The average cost of rent is $1,052/mo in 61261, primarily driven by the current value of real estate in the 61261 area. While nearly 54.83% of residents own their homes outright in 61261, 17.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61261 is $4,000 per month. Households that rent pay about 26.30% of their income on rent here. 61261's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 61277, IL: higher priced homes
- 61270, IL: higher priced homes
- 61251, IL: higher priced homes
- 61037, IL: higher priced homes
- 61250, IL: higher priced homes
- 61283, IL: higher priced homes
- 61071, IL: equally priced homes
- 61081, IL: higher priced homes
- 61243, IL: higher priced homes
- 61252, IL: higher priced homes
Zip Codes with Similar Populations
- 03609, NH: higher priced homes
- 99770, AK: less expensive homes
- 99684, AK: less expensive homes
- 99622, AK: less expensive homes
- 99621, AK: less expensive homes
- 99588, AK: higher priced homes
- 99129, WA: higher priced homes
- 98644, WA: higher priced homes
- 98582, WA: higher priced homes
- 98304, WA: higher priced homes
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