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These days, finding an affordable place to live in the 61401 area can be challenging. Home prices in 61401 are now at a median cost of $118,788, lower than the Illinois average of $300,242.
The average cost of rent is $853/mo in 61401, primarily driven by the current value of real estate in the 61401 area. In 61401, 35.42% of households rent, and 56.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61401 is $4,425 per month. Households that rent pay about 19.27% of their income on rent here. 61401’s most expensive areas are in the northwestern 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
- 61430, IL: higher priced homes
- 61439, IL: higher priced homes
- 61448, IL: higher priced homes
- 61488, IL: equally priced homes
- 61423, IL: equally priced homes
- 61436, IL: higher priced homes
- 61472, IL: higher priced homes
- 61410, IL: less expensive homes
- 61435, IL: equally priced homes
- 61467, IL: higher priced homes
Zip Codes with Similar Populations
- 07026, NJ: higher priced homes
- 76548, TX: higher priced homes
- 78229, TX: higher priced homes
- 80831, CO: higher priced homes
- 46151, IN: higher priced homes
- 90601, CA: higher priced homes
- 95662, CA: higher priced homes
- 40065, KY: higher priced homes
- 37110, TN: higher priced homes
- 33909, FL: higher priced homes
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