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These days, finding an affordable place to live in the 61740 area can be challenging. Home prices in 61740 are now at a median cost of $127,045, lower than the Illinois average of $242,002.
The average cost of rent is $785/mo in 61740, primarily driven by the current value of real estate in the 61740 area. While nearly 56.11% of residents own their homes outright in 61740, 19.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61740 is $6,556 per month. Households that rent pay about 11.97% of their income on rent here. 61740's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 61743, IL: equally priced homes
- 61321, IL: less expensive homes
- 61333, IL: higher priced homes
- 61760, IL: less expensive homes
- 61744, IL: equally priced homes
- 61358, IL: less expensive homes
- 61764, IL: less expensive homes
- 61726, IL: higher priced homes
- 61738, IL: higher priced homes
- 61516, IL: less expensive homes
Zip Codes with Similar Populations
- 54979, WI: higher priced homes
- 68057, NE: equally priced homes
- 62530, IL: higher priced homes
- 61272, IL: less expensive homes
- 59014, MT: higher priced homes
- 58785, ND: higher priced homes
- 58060, ND: equally priced homes
- 57572, SD: less expensive homes
- 55954, MN: higher priced homes
- 68876, NE: higher priced homes
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