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These days, finding an affordable place to live in the 61832 area can be challenging. Home prices in 61832 are now at a median cost of $89,791, lower than the Illinois average of $300,242.
The average cost of rent is $851/mo in 61832, primarily driven by the current value of real estate in the 61832 area. In 61832, 38.76% of households rent, and 66.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61832 is $4,352 per month. Households that rent pay about 19.54% of their income on rent here. 61832’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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
- 61834, IL: higher priced homes
- 61833, IL: less expensive homes
- 47982, IN: higher priced homes
- 61883, IL: higher priced homes
- 61817, IL: higher priced homes
- 61814, IL: higher priced homes
- 61858, IL: higher priced homes
- 61831, IL: higher priced homes
- 47974, IN: higher priced homes
- 61811, IL: higher priced homes
Zip Codes with Similar Populations
- 60302, IL: higher priced homes
- 55408, MN: higher priced homes
- 55416, MN: higher priced homes
- 55432, MN: higher priced homes
- 55449, MN: higher priced homes
- 56301, MN: higher priced homes
- 57702, SD: higher priced homes
- 58701, ND: higher priced homes
- 59105, MT: higher priced homes
- 59405, MT: higher priced homes
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