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These days, finding an affordable place to live in the 61563 area can be challenging. Home prices in 61563 are now at a median cost of $103,600, lower than the Illinois average of $300,242.
The average cost of rent is $1,071/mo in 61563, primarily driven by the current value of real estate in the 61563 area. In 61563, 5.79% of households rent, and 35.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61563 is $5,903 per month. Households that rent pay about 18.14% of their income on rent here. 61563’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
- 61524, IL: equally priced homes
- 61519, IL: higher priced homes
- 61520, IL: higher priced homes
- 61427, IL: higher priced homes
- 61543, IL: higher priced homes
- 61433, IL: higher priced homes
- 61542, IL: higher priced homes
- 61567, IL: equally priced homes
- 61477, IL: higher priced homes
- 61533, IL: higher priced homes
Zip Codes with Similar Populations
- 45389, OH: higher priced homes
- 97345, OR: higher priced homes
- 97364, OR: higher priced homes
- 97737, OR: higher priced homes
- 51558, IA: higher priced homes
- 51463, IA: higher priced homes
- 50222, IA: higher priced homes
- 49782, MI: higher priced homes
- 49636, MI: higher priced homes
- 47994, IN: higher priced homes
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