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These days, finding an affordable place to live in the 61318 area can be challenging. Home prices in 61318 are now at a median cost of $193,050, lower than the Illinois average of $300,242.
The average cost of rent is $1,208/mo in 61318, primarily driven by the current value of real estate in the 61318 area. In 61318, 19.57% of households rent, and 43.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61318 is $6,151 per month. Households that rent pay about 19.64% of their income on rent here. 61318’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 61378, IL: equally priced homes
- 61353, IL: less expensive homes
- 60530, IL: higher priced homes
- 60553, IL: higher priced homes
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- 61310, IL: less expensive homes
- 61006, IL: less expensive homes
- 61031, IL: less expensive homes
- 60531, IL: higher priced homes
Zip Codes with Similar Populations
- 50449, IA: less expensive homes
- 83435, ID: higher priced homes
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- 80457, CO: higher priced homes
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- 78402, TX: equally priced homes
- 54232, WI: higher priced homes
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