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These days, finding an affordable place to live in the 61731 area can be challenging. Home prices in 61731 are now at a median cost of $277,171, higher than the Illinois average of $242,002.
The average cost of rent is $751/mo in 61731, primarily driven by the current value of real estate in the 61731 area. While nearly 20.47% of residents own their homes outright in 61731, 35.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61731 is $8,759 per month. Households that rent pay about 8.58% of their income on rent here. 61731's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 61720, IL: less expensive homes
- 61775, IL: less expensive homes
- 61773, IL: less expensive homes
- 61728, IL: less expensive homes
- 61739, IL: less expensive homes
- 61741, IL: less expensive homes
- 60952, IL: less expensive homes
- 61730, IL: less expensive homes
- 60921, IL: less expensive homes
- 61726, IL: less expensive homes
Zip Codes with Similar Populations
- 92678, CA: higher priced homes
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- 53817, WI: less expensive homes
- 95571, CA: higher priced homes
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- 93549, CA: less expensive homes
- 93260, CA: higher priced homes
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