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These days, finding an affordable place to live in the 61420 area can be challenging. Home prices in 61420 are now at a median cost of $84,747, lower than the Illinois average of $242,002.
The average cost of rent is $718/mo in 61420, primarily driven by the current value of real estate in the 61420 area. While nearly 51.05% of residents own their homes outright in 61420, 20.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61420 is $4,781 per month. Households that rent pay about 15.02% of their income on rent here. 61420's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 61450, IL: equally priced homes
- 61475, IL: higher priced homes
- 62374, IL: higher priced homes
- 62326, IL: equally priced homes
- 61471, IL: equally priced homes
- 61438, IL: higher priced homes
- 61455, IL: higher priced homes
- 61454, IL: equally priced homes
- 62330, IL: equally priced homes
- 61416, IL: less expensive homes
Zip Codes with Similar Populations
- 38674, MS: higher priced homes
- 85606, AZ: higher priced homes
- 58274, ND: higher priced homes
- 44251, OH: higher priced homes
- 43341, OH: higher priced homes
- 42458, KY: higher priced homes
- 42275, KY: equally priced homes
- 42232, KY: higher priced homes
- 39665, MS: equally priced homes
- 86329, AZ: higher priced homes
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