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These days, finding an affordable place to live in the 61607 area can be challenging. Home prices in 61607 are now at a median cost of $137,921, lower than the Illinois average of $242,002.
The average cost of rent is $797/mo in 61607, primarily driven by the current value of real estate in the 61607 area. While nearly 40.94% of residents own their homes outright in 61607, 14.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61607 is $5,539 per month. Households that rent pay about 14.38% of their income on rent here. 61607's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 61605, IL: less expensive homes
- 61547, IL: higher priced homes
- 61610, IL: less expensive homes
- 61625, IL: equally priced homes
- 61606, IL: less expensive homes
- 61604, IL: less expensive homes
- 61602, IL: higher priced homes
- 61554, IL: equally priced homes
- 61536, IL: equally priced homes
- 61603, IL: less expensive homes
Zip Codes with Similar Populations
- 12549, NY: higher priced homes
- 97479, OR: higher priced homes
- 98327, WA: higher priced homes
- 97457, OR: higher priced homes
- 95119, CA: higher priced homes
- 18447, PA: higher priced homes
- 16901, PA: higher priced homes
- 16354, PA: less expensive homes
- 13165, NY: less expensive homes
- 12569, NY: higher priced homes
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