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These days, finding an affordable place to live in the 61312 area can be challenging. Home prices in 61312 are now at a median cost of $124,969, lower than the Illinois average of $242,002.
The average cost of rent is $759/mo in 61312, primarily driven by the current value of real estate in the 61312 area. While nearly 50.07% of residents own their homes outright in 61312, 18.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61312 is $6,800 per month. Households that rent pay about 11.16% of their income on rent here. 61312's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 61317, IL: less expensive homes
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- 61330, IL: equally priced homes
- 61320, IL: equally priced homes
- 61362, IL: less expensive homes
- 61372, IL: higher priced homes
- 61323, IL: less expensive homes
- 61322, IL: less expensive homes
Zip Codes with Similar Populations
- 38722, MS: less expensive homes
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- 49959, MI: less expensive homes
- 49815, MI: equally priced homes
- 47881, IN: less expensive homes
- 42762, KY: higher priced homes
- 41834, KY: less expensive homes
- 41408, KY: less expensive homes
- 41204, KY: equally priced homes
- 41146, KY: less expensive homes
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