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These days, finding an affordable place to live in the 61561 area can be challenging. Home prices in 61561 are now at a median cost of $132,940, lower than the Illinois average of $242,002.
The average cost of rent is $912/mo in 61561, primarily driven by the current value of real estate in the 61561 area. While nearly 42.35% of residents own their homes outright in 61561, 21.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61561 is $5,895 per month. Households that rent pay about 15.48% of their income on rent here. 61561's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 61516, IL: less expensive homes
- 61530, IL: higher priced homes
- 61771, IL: higher priced homes
- 61545, IL: higher priced homes
- 61738, IL: higher priced homes
- 61760, IL: less expensive homes
- 61729, IL: higher priced homes
- 61548, IL: higher priced homes
- 61742, IL: higher priced homes
- 61733, IL: higher priced homes
Zip Codes with Similar Populations
- 03585, NH: higher priced homes
- 93249, CA: equally priced homes
- 90089, CA: higher priced homes
- 71485, LA: higher priced homes
- 61250, IL: equally priced homes
- 58012, ND: higher priced homes
- 46161, IN: higher priced homes
- 38773, MS: less expensive homes
- 38665, MS: equally priced homes
- 38326, TN: equally priced homes
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