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These days, finding an affordable place to live in the 61314 area can be challenging. Home prices in 61314 are now at a median cost of $80,087, lower than the Illinois average of $242,002.
The average cost of rent is $734/mo in 61314, primarily driven by the current value of real estate in the 61314 area. While nearly 43.73% of residents own their homes outright in 61314, 17.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61314 is $4,893 per month. Households that rent pay about 15.00% of their income on rent here. 61314's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 61361, IL: higher priced homes
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- 61344, IL: higher priced homes
- 61356, IL: higher priced homes
- 61234, IL: higher priced homes
- 61443, IL: less expensive homes
- 61560, IL: higher priced homes
Zip Codes with Similar Populations
- 87041, NM: higher priced homes
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- 29516, SC: less expensive homes
- 31649, GA: higher priced homes
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