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These days, finding an affordable place to live in the 61842 area can be challenging. Home prices in 61842 are now at a median cost of $138,406, lower than the Illinois average of $242,002.
The average cost of rent is $722/mo in 61842, primarily driven by the current value of real estate in the 61842 area. While nearly 44.71% of residents own their homes outright in 61842, 17.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61842 is $4,444 per month. Households that rent pay about 16.26% of their income on rent here. 61842's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 61854, IL: higher priced homes
- 61735, IL: higher priced homes
- 61839, IL: less expensive homes
- 61724, IL: less expensive homes
- 61752, IL: higher priced homes
- 61882, IL: equally priced homes
- 61884, IL: higher priced homes
- 61750, IL: less expensive homes
- 61853, IL: higher priced homes
- 61875, IL: higher priced homes
Zip Codes with Similar Populations
- 13143, NY: less expensive homes
- 38659, MS: less expensive homes
- 37756, TN: less expensive homes
- 37724, TN: higher priced homes
- 37079, TN: equally priced homes
- 36850, AL: less expensive homes
- 35744, AL: less expensive homes
- 31044, GA: less expensive homes
- 29080, SC: less expensive homes
- 24380, VA: higher priced homes
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