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These days, finding an affordable place to live in the 61843 area can be challenging. Home prices in 61843 are now at a median cost of $212,139, lower than the Illinois average of $300,242.
The average cost of rent is $944/mo in 61843, primarily driven by the current value of real estate in the 61843 area. In 61843, 12.45% of households rent, and 35.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61843 is $8,199 per month. Households that rent pay about 11.52% of their income on rent here. 61843’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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
- 61840, IL: higher priced homes
- 61845, IL: less expensive homes
- 61724, IL: less expensive homes
- 60936, IL: less expensive homes
- 61878, IL: less expensive homes
- 61866, IL: less expensive homes
- 60933, IL: less expensive homes
- 61854, IL: equally priced homes
- 61770, IL: less expensive homes
- 60949, IL: less expensive homes
Zip Codes with Similar Populations
- 06103, CT: higher priced homes
- 12567, NY: higher priced homes
- 15935, PA: less expensive homes
- 75631, TX: less expensive homes
- 49911, MI: less expensive homes
- 49953, MI: less expensive homes
- 50061, IA: higher priced homes
- 50140, IA: less expensive homes
- 53515, WI: higher priced homes
- 54658, WI: higher priced homes
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