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These days, finding an affordable place to live in the 61423 area can be challenging. Home prices in 61423 are now at a median cost of $115,707, lower than the Illinois average of $300,242.
The average cost of rent is $696/mo in 61423, primarily driven by the current value of real estate in the 61423 area. In 61423, 27.01% of households rent, and 41.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61423 is $7,279 per month. Households that rent pay about 9.56% of their income on rent here. 61423’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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
- 61417, IL: equally priced homes
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- 61435, IL: equally priced homes
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- 61430, IL: higher priced homes
- 61448, IL: higher priced homes
- 61474, IL: less expensive homes
- 61447, IL: equally priced homes
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Zip Codes with Similar Populations
- 45062, OH: higher priced homes
- 77978, TX: higher priced homes
- 57450, SD: equally priced homes
- 56667, MN: higher priced homes
- 51047, IA: higher priced homes
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- 50143, IA: higher priced homes
- 48465, MI: higher priced homes
- 47535, IN: equally priced homes
- 47335, IN: less expensive homes
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