The Most Affordable Neighborhoods in 61537, IL by Home Value

 

61537, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 61537 area can be challenging. Home prices in 61537 are now at a median cost of $100,813, lower than the Illinois average of $242,002.

The average cost of rent is $629/mo in 61537, primarily driven by the current value of real estate in the 61537 area. While nearly 49.64% of residents own their homes outright in 61537, 24.78% rent.

Housing affordability isn’t just about home prices, though. The average household income in 61537 is $4,324 per month. Households that rent pay about 14.55% of their income on rent here. 61537's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.


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