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Affordable
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These days, finding an affordable place to live in the 61322 area can be challenging. Home prices in 61322 are now at a median cost of $59,083, lower than the Illinois average of $300,242.
The average cost of rent is $900/mo in 61322, primarily driven by the current value of real estate in the 61322 area. In 61322, 16.97% of households rent, and 74.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61322 is $5,165 per month. Households that rent pay about 17.43% of their income on rent here. 61322’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern 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
- 61359, IL: higher priced homes
- 61315, IL: higher priced homes
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- 61326, IL: higher priced homes
- 61327, IL: higher priced homes
- 61329, IL: higher priced homes
- 61320, IL: higher priced homes
- 61337, IL: higher priced homes
- 61363, IL: higher priced homes
Zip Codes with Similar Populations
- 48897, MI: higher priced homes
- 62047, IL: higher priced homes
- 59932, MT: higher priced homes
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- 54870, WI: higher priced homes
- 53936, WI: higher priced homes
- 52157, IA: higher priced homes
- 51046, IA: higher priced homes
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