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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 $312,043, higher than the Illinois average of $300,242.
The average cost of rent is $956/mo in 61840, primarily driven by the current value of real estate in the 61840 area. In 61840, 3.98% of households rent, and 39.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61840 is $9,335 per month. Households that rent pay about 10.24% of their income on rent here. 61840’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern 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
- 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: higher priced homes
- 99040, WA: less expensive homes
- 99341, WA: less expensive homes
- 97436, OR: higher 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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