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Expensive
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These days, finding an affordable place to live in the 61340 area can be challenging. Home prices in 61340 are now at a median cost of $151,100, lower than the Illinois average of $242,002.
The average cost of rent is $766/mo in 61340, primarily driven by the current value of real estate in the 61340 area. While nearly 35.89% of residents own their homes outright in 61340, 20.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61340 is $5,008 per month. Households that rent pay about 15.30% of their income on rent here. 61340's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 61326, IL: less expensive homes
- 61363, IL: less expensive homes
- 61327, IL: higher priced homes
- 61362, IL: less expensive homes
- 61322, IL: less expensive homes
- 61316, IL: less expensive homes
- 61335, IL: equally priced homes
- 61315, IL: less expensive homes
- 61359, IL: less expensive homes
- 61320, IL: less expensive homes
Zip Codes with Similar Populations
- 41560, KY: less expensive homes
- 82516, WY: higher priced homes
- 82190, WY: higher priced homes
- 80750, CO: higher priced homes
- 52594, IA: less expensive homes
- 47866, IN: equally priced homes
- 47449, IN: less expensive homes
- 45673, OH: equally priced homes
- 45111, OH: higher priced homes
- 44045, OH: equally priced homes
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