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These days, finding an affordable place to live in the 61602 area can be challenging. Home prices in 61602 are now at a median cost of $156,483, lower than the Illinois average of $242,002.
The average cost of rent is $669/mo in 61602, primarily driven by the current value of real estate in the 61602 area. While nearly 50.87% of residents own their homes outright in 61602, 81.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61602 is $1,983 per month. Households that rent pay about 33.73% of their income on rent here. 61602's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 61606, IL: less expensive homes
- 61625, IL: less expensive homes
- 61605, IL: less expensive homes
- 61603, IL: less expensive homes
- 61604, IL: less expensive homes
- 61611, IL: equally priced homes
- 61610, IL: less expensive homes
- 61616, IL: less expensive homes
- 61614, IL: equally priced homes
- 61607, IL: less expensive homes
Zip Codes with Similar Populations
- 03812, NH: higher priced homes
- 04922, ME: less expensive homes
- 61931, IL: equally priced homes
- 71835, AR: less expensive homes
- 71456, LA: higher priced homes
- 68927, NE: higher priced homes
- 68810, NE: higher priced homes
- 68633, NE: less expensive homes
- 68456, NE: equally priced homes
- 68067, NE: less expensive homes
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