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These days, finding an affordable place to live in the 61831 area can be challenging. Home prices in 61831 are now at a median cost of $126,574, lower than the Illinois average of $242,002.
The average cost of rent is $858/mo in 61831, primarily driven by the current value of real estate in the 61831 area. While nearly 54.73% of residents own their homes outright in 61831, 11.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61831 is $6,601 per month. Households that rent pay about 13.00% of their income on rent here. 61831's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 61865, IL: less expensive homes
- 61812, IL: less expensive homes
- 61858, IL: less expensive homes
- 61848, IL: less expensive homes
- 61857, IL: less expensive homes
- 61844, IL: less expensive homes
- 61871, IL: higher priced homes
- 61862, IL: higher priced homes
- 61814, IL: equally priced homes
- 61811, IL: less expensive homes
Zip Codes with Similar Populations
- 79548, TX: less expensive homes
- 54637, WI: less expensive homes
- 54845, WI: higher priced homes
- 55036, MN: higher priced homes
- 56274, MN: higher priced homes
- 56583, MN: higher priced homes
- 57246, SD: equally priced homes
- 77368, TX: less expensive homes
- 78607, TX: higher priced homes
- 79003, TX: equally priced homes
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