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These days, finding an affordable place to live in the 61348 area can be challenging. Home prices in 61348 are now at a median cost of $116,616, lower than the Illinois average of $242,002.
The average cost of rent is $817/mo in 61348, primarily driven by the current value of real estate in the 61348 area. While nearly 44.73% of residents own their homes outright in 61348, 20.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61348 is $4,949 per month. Households that rent pay about 16.52% of their income on rent here. 61348's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 61301, IL: equally priced homes
- 61316, IL: higher priced homes
- 61354, IL: higher priced homes
- 61373, IL: higher priced homes
- 61370, IL: higher priced homes
- 61363, IL: less expensive homes
- 61320, IL: equally priced homes
- 61362, IL: less expensive homes
- 61332, IL: less expensive homes
- 61326, IL: equally priced homes
Zip Codes with Similar Populations
- 71280, LA: higher priced homes
- 44072, OH: higher priced homes
- 44440, OH: higher priced homes
- 44504, OH: less expensive homes
- 44672, OH: less expensive homes
- 45252, OH: higher priced homes
- 67951, KS: less expensive homes
- 68822, NE: equally priced homes
- 70085, LA: higher priced homes
- 70112, LA: higher priced homes
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