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These days, finding an affordable place to live in the 61320 area can be challenging. Home prices in 61320 are now at a median cost of $121,886, lower than the Illinois average of $242,002.
The average cost of rent is $734/mo in 61320, primarily driven by the current value of real estate in the 61320 area. While nearly 51.73% of residents own their homes outright in 61320, 24.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61320 is $5,777 per month. Households that rent pay about 12.71% of their income on rent here. 61320's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 61362, IL: less expensive homes
- 61354, IL: higher priced homes
- 61329, IL: less expensive homes
- 61301, IL: equally priced homes
- 61359, IL: less expensive homes
- 61317, IL: less expensive homes
- 61316, IL: higher priced homes
- 61363, IL: less expensive homes
- 61326, IL: less expensive homes
- 61348, IL: equally priced homes
Zip Codes with Similar Populations
- 41835, KY: less expensive homes
- 47465, IN: less expensive homes
- 46301, IN: higher priced homes
- 45890, OH: higher priced homes
- 45779, OH: equally priced homes
- 45160, OH: higher priced homes
- 43548, OH: higher priced homes
- 43006, OH: higher priced homes
- 42753, KY: less expensive homes
- 41843, KY: less expensive homes
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