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These days, finding an affordable place to live in the 61346 area can be challenging. Home prices in 61346 are now at a median cost of $120,000, lower than the Illinois average of $300,242.
The average cost of rent is $863/mo in 61346, primarily driven by the current value of real estate in the 61346 area. In 61346, 30.65% of households rent, and 42.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61346 is $5,484 per month. Households that rent pay about 15.74% of their income on rent here. 61346’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
- 61338, IL: higher priced homes
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Zip Codes with Similar Populations
- 62078, IL: equally priced homes
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