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These days, finding an affordable place to live in the 61362 area can be challenging. Home prices in 61362 are now at a median cost of $157,182, lower than the Illinois average of $300,242.
The average cost of rent is $934/mo in 61362, primarily driven by the current value of real estate in the 61362 area. In 61362, 32.46% of households rent, and 49.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61362 is $6,075 per month. Households that rent pay about 15.37% of their income on rent here. 61362’s most expensive areas are in the western regions, while the cheapest areas are in the southern 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
- 61320, IL: equally priced homes
- 61329, IL: less expensive homes
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- 61326, IL: less expensive homes
- 61340, IL: equally priced homes
- 61322, IL: less expensive homes
- 61363, IL: less expensive homes
- 61301, IL: less expensive homes
- 61316, IL: equally priced homes
Zip Codes with Similar Populations
- 03032, NH: higher priced homes
- 03561, NH: higher priced homes
- 02874, RI: higher priced homes
- 04276, ME: less expensive homes
- 04364, ME: higher priced homes
- 08091, NJ: higher priced homes
- 56101, MN: higher priced homes
- 52314, IA: higher priced homes
- 55808, MN: equally priced homes
- 55734, MN: equally priced homes
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