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These days, finding an affordable place to live in the 61705 area can be challenging. Home prices in 61705 are now at a median cost of $255,377, higher than the Illinois average of $242,002.
The average cost of rent is $1,154/mo in 61705, primarily driven by the current value of real estate in the 61705 area. While nearly 29.20% of residents own their homes outright in 61705, 18.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61705 is $10,293 per month. Households that rent pay about 11.21% of their income on rent here. 61705's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 61701, IL: less expensive homes
- 61704, IL: less expensive homes
- 61761, IL: less expensive homes
- 61772, IL: less expensive homes
- 61736, IL: less expensive homes
- 61745, IL: less expensive homes
- 61776, IL: equally priced homes
- 61774, IL: less expensive homes
- 61732, IL: less expensive homes
- 61737, IL: less expensive homes
Zip Codes with Similar Populations
- 85305, AZ: higher priced homes
- 74955, OK: less expensive homes
- 34987, FL: higher priced homes
- 77510, TX: equally priced homes
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- 78264, TX: less expensive homes
- 32063, FL: less expensive homes
- 31032, GA: less expensive homes
- 29571, SC: less expensive homes
- 85007, AZ: equally priced homes
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