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These days, finding an affordable place to live in the 61301 area can be challenging. Home prices in 61301 are now at a median cost of $118,445, lower than the Illinois average of $242,002.
The average cost of rent is $927/mo in 61301, primarily driven by the current value of real estate in the 61301 area. While nearly 45.05% of residents own their homes outright in 61301, 34.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61301 is $4,520 per month. Households that rent pay about 20.52% of their income on rent here. 61301's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 61354, IL: higher priced homes
- 61348, IL: equally priced homes
- 61320, IL: equally priced homes
- 61373, IL: higher priced homes
- 61362, IL: less expensive homes
- 61316, IL: higher priced homes
- 61329, IL: less expensive homes
- 61363, IL: less expensive homes
- 61372, IL: higher priced homes
- 61317, IL: less expensive homes
Zip Codes with Similar Populations
- 94571, CA: higher priced homes
- 21793, MD: higher priced homes
- 22307, VA: higher priced homes
- 22712, VA: higher priced homes
- 23117, VA: higher priced homes
- 25071, WV: higher priced homes
- 34102, FL: higher priced homes
- 84532, UT: higher priced homes
- 88008, NM: higher priced homes
- 91207, CA: higher priced homes
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