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These days, finding an affordable place to live in the 61603 area can be challenging. Home prices in 61603 are now at a median cost of $78,751, lower than the Illinois average of $242,002.
The average cost of rent is $868/mo in 61603, primarily driven by the current value of real estate in the 61603 area. While nearly 46.15% of residents own their homes outright in 61603, 52.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61603 is $3,155 per month. Households that rent pay about 27.52% of their income on rent here. 61603's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 61602, IL: higher priced homes
- 61606, IL: higher priced homes
- 61625, IL: higher priced homes
- 61616, IL: higher priced homes
- 61604, IL: higher priced homes
- 61611, IL: higher priced homes
- 61614, IL: higher priced homes
- 61605, IL: less expensive homes
- 61610, IL: equally priced homes
- 61615, IL: higher priced homes
Zip Codes with Similar Populations
- 75707, TX: higher priced homes
- 35206, AL: higher priced homes
- 36027, AL: higher priced homes
- 36426, AL: higher priced homes
- 48206, MI: higher priced homes
- 52807, IA: higher priced homes
- 53818, WI: higher priced homes
- 54868, WI: higher priced homes
- 55405, MN: higher priced homes
- 60447, IL: higher priced homes
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