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These days, finding an affordable place to live in the 61431 area can be challenging. Home prices in 61431 are now at a median cost of $122,096, lower than the Illinois average of $242,002.
The average cost of rent is $656/mo in 61431, primarily driven by the current value of real estate in the 61431 area. While nearly 71.10% of residents own their homes outright in 61431, 6.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61431 is $4,702 per month. Households that rent pay about 13.95% of their income on rent here. 61431's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 61432, IL: equally priced homes
- 61433, IL: higher priced homes
- 61544, IL: less expensive homes
- 61427, IL: equally priced homes
- 61415, IL: less expensive homes
- 61470, IL: less expensive homes
- 61459, IL: less expensive homes
- 61474, IL: less expensive homes
- 61422, IL: less expensive homes
- 61553, IL: equally priced homes
Zip Codes with Similar Populations
- 76474, TX: higher priced homes
- 50515, IA: higher priced homes
- 51029, IA: higher priced homes
- 51231, IA: higher priced homes
- 51343, IA: equally priced homes
- 52231, IA: higher priced homes
- 75413, TX: higher priced homes
- 76370, TX: less expensive homes
- 76436, TX: higher priced homes
- 76466, TX: less expensive homes
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