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These days, finding an affordable place to live in the 61606 area can be challenging. Home prices in 61606 are now at a median cost of $100,612, lower than the Illinois average of $242,002.
The average cost of rent is $866/mo in 61606, primarily driven by the current value of real estate in the 61606 area. While nearly 31.18% of residents own their homes outright in 61606, 47.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61606 is $4,428 per month. Households that rent pay about 19.56% of their income on rent here. 61606's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 61625, IL: higher priced homes
- 61602, IL: higher priced homes
- 61604, IL: equally priced homes
- 61605, IL: less expensive homes
- 61603, IL: less expensive homes
- 61616, IL: higher priced homes
- 61610, IL: less expensive homes
- 61614, IL: higher priced homes
- 61611, IL: higher priced homes
- 61607, IL: higher priced homes
Zip Codes with Similar Populations
- 34753, FL: higher priced homes
- 84648, UT: higher priced homes
- 83860, ID: higher priced homes
- 82401, WY: higher priced homes
- 80927, CO: higher priced homes
- 80808, CO: higher priced homes
- 45383, OH: higher priced homes
- 36784, AL: higher priced homes
- 36350, AL: higher priced homes
- 85361, AZ: higher priced homes
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