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These days, finding an affordable place to live in the 61605 area can be challenging. Home prices in 61605 are now at a median cost of $65,828, lower than the Illinois average of $300,242.
The average cost of rent is $907/mo in 61605, primarily driven by the current value of real estate in the 61605 area. In 61605, 58.85% of households rent, and 74.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61605 is $2,669 per month. Households that rent pay about 34.00% of their income on rent here. 61605’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern 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
- 61625, IL: higher priced homes
- 61606, IL: higher priced homes
- 61602, IL: higher priced homes
- 61604, IL: higher priced homes
- 61610, IL: higher priced homes
- 61607, IL: higher priced homes
- 61603, IL: higher priced homes
- 61611, IL: higher priced homes
- 61616, IL: higher priced homes
- 61614, IL: higher priced homes
Zip Codes with Similar Populations
- 15214, PA: higher priced homes
- 31632, GA: higher priced homes
- 93636, CA: higher priced homes
- 95540, CA: higher priced homes
- 78645, TX: higher priced homes
- 27522, NC: higher priced homes
- 24382, VA: higher priced homes
- 21054, MD: higher priced homes
- 20781, MD: higher priced homes
- 20037, DC: higher priced homes
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