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These days, finding an affordable place to live in the 61761 area can be challenging. Home prices in 61761 are now at a median cost of $216,400, lower than the Illinois average of $300,242.
The average cost of rent is $1,058/mo in 61761, primarily driven by the current value of real estate in the 61761 area. In 61761, 44.82% of households rent, and 40.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61761 is $5,627 per month. Households that rent pay about 18.80% of their income on rent here. 61761’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 61701, IL: less expensive homes
- 61704, IL: higher priced homes
- 61705, IL: higher priced homes
- 61776, IL: higher priced homes
- 61748, IL: higher priced homes
- 61725, IL: higher priced homes
- 61736, IL: higher priced homes
- 61732, IL: equally priced homes
- 61753, IL: equally priced homes
- 61774, IL: less expensive homes
Zip Codes with Similar Populations
- 92129, CA: higher priced homes
- 32608, FL: higher priced homes
- 32808, FL: higher priced homes
- 33175, FL: higher priced homes
- 36695, AL: higher priced homes
- 37087, TN: higher priced homes
- 37421, TN: higher priced homes
- 38305, TN: higher priced homes
- 40601, KY: equally priced homes
- 42701, KY: higher priced homes
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