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These days, finding an affordable place to live in the 61559 area can be challenging. Home prices in 61559 are now at a median cost of $192,705, lower than the Illinois average of $300,242.
The average cost of rent is $955/mo in 61559, primarily driven by the current value of real estate in the 61559 area. In 61559, 12.18% of households rent, and 48.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61559 is $7,492 per month. Households that rent pay about 12.75% of their income on rent here. 61559’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern 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
- 61517, IL: higher priced homes
- 61526, IL: higher priced homes
- 61479, IL: less expensive homes
- 61525, IL: higher priced homes
- 61451, IL: less expensive homes
- 61491, IL: less expensive homes
- 61552, IL: higher priced homes
- 61489, IL: less expensive homes
- 61424, IL: less expensive homes
- 61523, IL: less expensive homes
Zip Codes with Similar Populations
- 04259, ME: higher priced homes
- 97456, OR: higher priced homes
- 85542, AZ: less expensive homes
- 76470, TX: less expensive homes
- 75833, TX: equally priced homes
- 65231, MO: less expensive homes
- 61084, IL: higher priced homes
- 50261, IA: higher priced homes
- 40370, KY: higher priced homes
- 38738, MS: less expensive homes
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