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Affordable
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These days, finding an affordable place to live in the 61338 area can be challenging. Home prices in 61338 are now at a median cost of $155,400, lower than the Illinois average of $300,242.
The average cost of rent is $980/mo in 61338, primarily driven by the current value of real estate in the 61338 area. In 61338, 18.12% of households rent, and 63.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61338 is $6,302 per month. Households that rent pay about 15.55% of their income on rent here. 61338’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 61346, IL: less expensive homes
- 61361, IL: less expensive homes
- 61379, IL: less expensive homes
- 61376, IL: less expensive homes
- 61344, IL: higher priced homes
- 61314, IL: less expensive homes
- 61328, IL: less expensive homes
- 61356, IL: equally priced homes
- 61349, IL: less expensive homes
- 61234, IL: equally priced homes
Zip Codes with Similar Populations
- 98280, WA: higher priced homes
- 50128, IA: higher priced homes
- 50243, IA: higher priced homes
- 50571, IA: less expensive homes
- 50633, IA: less expensive homes
- 98628, WA: higher priced homes
- 50837, IA: equally priced homes
- 51441, IA: higher priced homes
- 51552, IA: equally priced homes
- 98859, WA: higher priced homes
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