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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 $138,333, lower than the Illinois average of $300,242.
The average cost of rent is $882/mo in 61348, primarily driven by the current value of real estate in the 61348 area. In 61348, 27.87% of households rent, and 48.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61348 is $6,215 per month. Households that rent pay about 14.19% of their income on rent here. 61348’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern 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
- 61301, IL: equally priced homes
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- 61370, IL: higher priced homes
- 61363, IL: less expensive homes
- 61320, IL: higher priced homes
- 61362, IL: higher priced homes
- 61332, IL: equally priced homes
- 61326, IL: equally priced homes
Zip Codes with Similar Populations
- 71280, LA: higher priced homes
- 44072, OH: higher priced homes
- 44440, OH: equally priced homes
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- 70085, LA: higher priced homes
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