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These days, finding an affordable place to live in the 61840 area can be challenging. Home prices in 61840 are now at a median cost of $251,415, higher than the Illinois average of $242,002.
The average cost of rent is $817/mo in 61840, primarily driven by the current value of real estate in the 61840 area. While nearly 46.88% of residents own their homes outright in 61840, 11.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61840 is $9,281 per month. Households that rent pay about 8.80% of their income on rent here. 61840's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 61843, IL: less expensive homes
- 61853, IL: equally priced homes
- 61845, IL: less expensive homes
- 61878, IL: less expensive homes
- 61866, IL: less expensive homes
- 61854, IL: less expensive homes
- 61724, IL: less expensive homes
- 61822, IL: less expensive homes
- 61821, IL: less expensive homes
- 60949, IL: less expensive homes
Zip Codes with Similar Populations
- 16160, PA: less expensive homes
- 98585, WA: equally priced homes
- 99040, WA: less expensive homes
- 99341, WA: less expensive homes
- 97436, OR: equally priced homes
- 96096, CA: higher priced homes
- 17886, PA: less expensive homes
- 17088, PA: less expensive homes
- 17021, PA: less expensive homes
- 17002, PA: less expensive homes
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