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These days, finding an affordable place to live in the 61724 area can be challenging. Home prices in 61724 are now at a median cost of $101,308, lower than the Illinois average of $242,002.
The average cost of rent is $772/mo in 61724, primarily driven by the current value of real estate in the 61724 area. While nearly 34.13% of residents own their homes outright in 61724, 17.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61724 is $6,198 per month. Households that rent pay about 12.45% of their income on rent here. 61724's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 61770, IL: equally priced homes
- 61845, IL: higher priced homes
- 61722, IL: higher priced homes
- 61842, IL: higher priced homes
- 61854, IL: higher priced homes
- 61843, IL: higher priced homes
- 61840, IL: higher priced homes
- 60936, IL: higher priced homes
- 61752, IL: higher priced homes
- 61737, IL: higher priced homes
Zip Codes with Similar Populations
- 42603, KY: less expensive homes
- 80436, CO: higher priced homes
- 79034, TX: equally priced homes
- 78843, TX: higher priced homes
- 50146, IA: higher priced homes
- 49948, MI: less expensive homes
- 47965, IN: higher priced homes
- 47588, IN: higher priced homes
- 45422, OH: higher priced homes
- 83321, ID: higher priced homes
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