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Affordable
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These days, finding an affordable place to live in the 61417 area can be challenging. Home prices in 61417 are now at a median cost of $117,798, lower than the Illinois average of $300,242.
The average cost of rent is $634/mo in 61417, primarily driven by the current value of real estate in the 61417 area. In 61417, 18.08% of households rent, and 41.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61417 is $7,167 per month. Households that rent pay about 8.84% of their income on rent here. 61417’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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
- 61423, IL: equally priced homes
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Zip Codes with Similar Populations
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