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These days, finding an affordable place to live in the 61553 area can be challenging. Home prices in 61553 are now at a median cost of $121,000, lower than the Illinois average of $300,242.
The average cost of rent is $863/mo in 61553, primarily driven by the current value of real estate in the 61553 area. In 61553, 3.75% of households rent, and 39.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61553 is $7,365 per month. Households that rent pay about 11.72% of their income on rent here. 61553’s most expensive areas are in the central 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
- 61520, IL: equally priced homes
- 61531, IL: equally priced homes
- 61432, IL: higher priced homes
- 61569, IL: higher priced homes
- 61433, IL: higher priced homes
- 61572, IL: equally priced homes
- 61529, IL: higher priced homes
- 61533, IL: higher priced homes
- 61427, IL: equally priced homes
- 61544, IL: less expensive homes
Zip Codes with Similar Populations
- 76884, TX: less expensive homes
- 54857, WI: higher priced homes
- 55150, MN: higher priced homes
- 55613, MN: higher priced homes
- 55758, MN: higher priced homes
- 55796, MN: higher priced homes
- 55977, MN: higher priced homes
- 66741, KS: higher priced homes
- 66775, KS: higher priced homes
- 74750, OK: equally priced homes
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