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These days, finding an affordable place to live in the 61562 area can be challenging. Home prices in 61562 are now at a median cost of $141,300, lower than the Illinois average of $242,002.
The average cost of rent is $676/mo in 61562, primarily driven by the current value of real estate in the 61562 area. While nearly 38.54% of residents own their homes outright in 61562, 22.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61562 is $5,619 per month. Households that rent pay about 12.03% of their income on rent here. 61562's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 61523, IL: higher priced homes
- 61552, IL: higher priced homes
- 61526, IL: higher priced homes
- 61548, IL: higher priced homes
- 61525, IL: higher priced homes
- 61545, IL: higher priced homes
- 61616, IL: less expensive homes
- 61615, IL: higher priced homes
- 61614, IL: higher priced homes
- 61479, IL: less expensive homes
Zip Codes with Similar Populations
- 67055, KS: higher priced homes
- 77855, TX: higher priced homes
- 77481, TX: higher priced homes
- 76953, TX: less expensive homes
- 76909, TX: higher priced homes
- 74842, OK: less expensive homes
- 73551, OK: less expensive homes
- 70575, LA: higher priced homes
- 68379, NE: less expensive homes
- 67143, KS: less expensive homes
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