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These days, finding an affordable place to live in the 61848 area can be challenging. Home prices in 61848 are now at a median cost of $112,841, lower than the Illinois average of $300,242.
The average cost of rent is $917/mo in 61848, primarily driven by the current value of real estate in the 61848 area. In 61848, 21.08% of households rent, and 54.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61848 is $6,570 per month. Households that rent pay about 13.96% of their income on rent here. 61848’s most expensive areas are in the southeastern 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
- 61811, IL: equally priced homes
- 60963, IL: less expensive homes
- 61865, IL: higher priced homes
- 61814, IL: higher priced homes
- 61831, IL: higher priced homes
- 61812, IL: higher priced homes
- 60942, IL: equally priced homes
- 60932, IL: higher priced homes
- 61862, IL: higher priced homes
- 60960, IL: equally priced homes
Zip Codes with Similar Populations
- 73733, OK: higher priced homes
- 61044, IL: higher priced homes
- 61435, IL: equally priced homes
- 61852, IL: higher priced homes
- 62011, IL: higher priced homes
- 62672, IL: higher priced homes
- 67474, KS: less expensive homes
- 67584, KS: less expensive homes
- 68834, NE: higher priced homes
- 69214, NE: equally priced homes
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