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These days, finding an affordable place to live in the 61263 area can be challenging. Home prices in 61263 are now at a median cost of $140,500, lower than the Illinois average of $300,242.
The average cost of rent is $803/mo in 61263, primarily driven by the current value of real estate in the 61263 area. In 61263, 14.20% of households rent, and 37.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61263 is $6,667 per month. Households that rent pay about 12.05% of their income on rent here. 61263’s most expensive areas are in the central 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
- 61276, IL: higher priced homes
- 61486, IL: equally priced homes
- 61281, IL: higher priced homes
- 61279, IL: higher priced homes
- 61231, IL: equally priced homes
- 61465, IL: less expensive homes
- 61468, IL: higher priced homes
- 61413, IL: less expensive homes
- 61466, IL: less expensive homes
- 61262, IL: higher priced homes
Zip Codes with Similar Populations
- 87322, NM: less expensive homes
- 26534, WV: equally priced homes
- 26568, WV: equally priced homes
- 28663, NC: higher priced homes
- 28745, NC: higher priced homes
- 30072, GA: higher priced homes
- 31070, GA: equally priced homes
- 31532, GA: equally priced homes
- 31784, GA: less expensive homes
- 31823, GA: higher priced homes
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