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These days, finding an affordable place to live in the 61532 area can be challenging. Home prices in 61532 are now at a median cost of $150,514, lower than the Illinois average of $300,242.
The average cost of rent is $1,053/mo in 61532, primarily driven by the current value of real estate in the 61532 area. In 61532, 24.94% of households rent, and 63.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61532 is $5,882 per month. Households that rent pay about 17.90% of their income on rent here. 61532’s most expensive areas are in the central 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
- 61567, IL: less expensive homes
- 61546, IL: less expensive homes
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- 61534, IL: equally priced homes
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- 62644, IL: less expensive homes
- 61564, IL: less expensive homes
- 62664, IL: less expensive homes
- 61524, IL: less expensive homes
Zip Codes with Similar Populations
- 50607, IA: equally priced homes
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- 68344, NE: higher priced homes
- 59226, MT: higher priced homes
- 56158, MN: higher priced homes
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