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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 $103,891, lower than the Illinois average of $242,002.
The average cost of rent is $693/mo in 61362, primarily driven by the current value of real estate in the 61362 area. While nearly 45.31% of residents own their homes outright in 61362, 38.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61362 is $4,653 per month. Households that rent pay about 14.88% of their income on rent here. 61362's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 61320, IL: higher priced homes
- 61329, IL: equally priced homes
- 61354, IL: higher priced homes
- 61359, IL: equally priced homes
- 61326, IL: equally priced homes
- 61340, IL: higher priced homes
- 61322, IL: less expensive homes
- 61363, IL: equally priced homes
- 61301, IL: higher priced homes
- 61316, IL: higher priced homes
Zip Codes with Similar Populations
- 03032, NH: higher priced homes
- 03561, NH: higher priced homes
- 02874, RI: higher priced homes
- 04276, ME: equally priced 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: higher priced homes
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