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These days, finding an affordable place to live in the 61520 area can be challenging. Home prices in 61520 are now at a median cost of $116,043, lower than the Illinois average of $300,242.
The average cost of rent is $864/mo in 61520, primarily driven by the current value of real estate in the 61520 area. In 61520, 29.03% of households rent, and 52.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61520 is $5,067 per month. Households that rent pay about 17.06% of their income on rent here. 61520’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central 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
- 61553, IL: equally priced homes
- 61524, IL: less expensive homes
- 61563, IL: less expensive homes
- 61519, IL: higher priced homes
- 61433, IL: higher priced homes
- 61432, IL: higher priced homes
- 61427, IL: equally priced homes
- 61531, IL: equally priced homes
- 61533, IL: higher priced homes
- 61569, IL: higher priced homes
Zip Codes with Similar Populations
- 85250, AZ: higher priced homes
- 24201, VA: higher priced homes
- 29323, SC: higher priced homes
- 29585, SC: higher priced homes
- 32351, FL: higher priced homes
- 33704, FL: higher priced homes
- 34224, FL: higher priced homes
- 40212, KY: less expensive homes
- 41701, KY: equally priced homes
- 44140, OH: higher priced homes
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