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These days, finding an affordable place to live in the 61311 area can be challenging. Home prices in 61311 are now at a median cost of $160,428, lower than the Illinois average of $242,002.
The average cost of rent is $942/mo in 61311, primarily driven by the current value of real estate in the 61311 area. While nearly 28.94% of residents own their homes outright in 61311, 19.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61311 is $5,685 per month. Households that rent pay about 16.57% of their income on rent here. 61311's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 61333, IL: equally priced homes
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- 60470, IL: equally priced homes
- 61334, IL: less expensive homes
Zip Codes with Similar Populations
- 75450, TX: equally priced homes
- 55785, MN: equally priced homes
- 56113, MN: higher priced homes
- 56627, MN: less expensive homes
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- 73727, OK: equally priced homes
- 73744, OK: less expensive homes
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