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These days, finding an affordable place to live in the 61283 area can be challenging. Home prices in 61283 are now at a median cost of $116,203, lower than the Illinois average of $242,002.
The average cost of rent is $809/mo in 61283, primarily driven by the current value of real estate in the 61283 area. While nearly 39.93% of residents own their homes outright in 61283, 16.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61283 is $5,542 per month. Households that rent pay about 14.59% of their income on rent here. 61283's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 61243, IL: higher priced homes
- 61346, IL: equally priced homes
- 61277, IL: higher priced homes
- 61258, IL: higher priced homes
- 61261, IL: less expensive homes
- 61376, IL: less expensive homes
- 61071, IL: less expensive homes
- 61037, IL: higher priced homes
- 61042, IL: higher priced homes
- 61250, IL: higher priced homes
Zip Codes with Similar Populations
- 55945, MN: higher priced homes
- 68463, NE: higher priced homes
- 67330, KS: less expensive homes
- 62084, IL: less expensive homes
- 61747, IL: higher priced homes
- 61051, IL: less expensive homes
- 61031, IL: less expensive homes
- 57066, SD: less expensive homes
- 56443, MN: higher priced homes
- 56437, MN: equally priced homes
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