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These days, finding an affordable place to live in the 61422 area can be challenging. Home prices in 61422 are now at a median cost of $76,357, lower than the Illinois average of $300,242.
The average cost of rent is $707/mo in 61422, primarily driven by the current value of real estate in the 61422 area. In 61422, 26.61% of households rent, and 46.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61422 is $5,151 per month. Households that rent pay about 13.73% of their income on rent here. 61422’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern 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
- 61470, IL: higher priced homes
- 61416, IL: equally priced homes
- 61459, IL: higher priced homes
- 61415, IL: higher priced homes
- 61438, IL: higher priced homes
- 61411, IL: higher priced homes
- 61455, IL: higher priced homes
- 61477, IL: higher priced homes
- 61431, IL: higher priced homes
- 61475, IL: higher priced homes
Zip Codes with Similar Populations
- 07933, NJ: higher priced homes
- 14821, NY: higher priced homes
- 75770, TX: higher priced homes
- 24256, VA: higher priced homes
- 24656, VA: higher priced homes
- 26444, WV: higher priced homes
- 27283, NC: higher priced homes
- 27925, NC: higher priced homes
- 28349, NC: higher priced homes
- 29178, SC: equally priced homes
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