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These days, finding an affordable place to live in the 61723 area can be challenging. Home prices in 61723 are now at a median cost of $104,023, lower than the Illinois average of $242,002.
The average cost of rent is $693/mo in 61723, primarily driven by the current value of real estate in the 61723 area. While nearly 39.10% of residents own their homes outright in 61723, 17.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61723 is $5,259 per month. Households that rent pay about 13.17% of their income on rent here. 61723's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 61751, IL: higher priced homes
- 61754, IL: higher priced homes
- 61721, IL: higher priced homes
- 61778, IL: less expensive homes
- 62512, IL: higher priced homes
- 62656, IL: higher priced homes
- 62643, IL: higher priced homes
- 62635, IL: higher priced homes
- 61749, IL: equally priced homes
- 61772, IL: higher priced homes
Zip Codes with Similar Populations
- 52656, IA: higher priced homes
- 39423, MS: higher priced homes
- 39657, MS: less expensive homes
- 41086, KY: higher priced homes
- 42087, KY: less expensive homes
- 01022, MA: higher priced homes
- 43128, OH: equally priced homes
- 43730, OH: higher priced homes
- 46070, IN: equally priced homes
- 50574, IA: equally priced homes
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