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These days, finding an affordable place to live in the 61277 area can be challenging. Home prices in 61277 are now at a median cost of $131,669, lower than the Illinois average of $242,002.
The average cost of rent is $807/mo in 61277, primarily driven by the current value of real estate in the 61277 area. While nearly 41.40% of residents own their homes outright in 61277, 16.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61277 is $6,605 per month. Households that rent pay about 12.22% of their income on rent here. 61277's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 61261, IL: less expensive homes
- 61250, IL: higher priced homes
- 61283, IL: less expensive homes
- 61251, IL: higher priced homes
- 61258, IL: equally priced homes
- 61243, IL: higher priced homes
- 61037, IL: higher priced homes
- 61346, IL: less expensive homes
- 61257, IL: less expensive homes
- 61071, IL: less expensive homes
Zip Codes with Similar Populations
- 62075, IL: less expensive homes
- 45780, OH: higher priced homes
- 46929, IN: equally priced homes
- 47022, IN: higher priced homes
- 49277, MI: higher priced homes
- 49450, MI: less expensive homes
- 52645, IA: equally priced homes
- 53013, WI: higher priced homes
- 53811, WI: higher priced homes
- 55390, MN: higher priced homes
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