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These days, finding an affordable place to live in the 61480 area can be challenging. Home prices in 61480 are now at a median cost of $83,350, lower than the Illinois average of $242,002.
The average cost of rent is $672/mo in 61480, primarily driven by the current value of real estate in the 61480 area. While nearly 52.08% of residents own their homes outright in 61480, 19.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61480 is $5,060 per month. Households that rent pay about 13.27% of their income on rent here. 61480's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 61460, IL: equally priced homes
- 61471, IL: equally priced homes
- 61425, IL: higher priced homes
- 61437, IL: higher priced homes
- 61418, IL: higher priced homes
- 61478, IL: higher priced homes
- 61454, IL: equally priced homes
- 52601, IA: higher priced homes
- 61447, IL: higher priced homes
- 61473, IL: higher priced homes
Zip Codes with Similar Populations
- 01366, MA: higher priced homes
- 73626, OK: higher priced homes
- 80449, CO: higher priced homes
- 47386, IN: higher priced homes
- 17765, PA: higher priced homes
- 47837, IN: higher priced homes
- 88426, NM: equally priced homes
- 16740, PA: less expensive homes
- 16720, PA: higher priced homes
- 16233, PA: higher priced homes
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