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These days, finding an affordable place to live in the 61851 area can be challenging. Home prices in 61851 are now at a median cost of $178,445, lower than the Illinois average of $300,242.
The average cost of rent is $1,043/mo in 61851, primarily driven by the current value of real estate in the 61851 area. In 61851, 7.34% of households rent, and 56.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61851 is $8,927 per month. Households that rent pay about 11.68% of their income on rent here. 61851’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern 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
- 61872, IL: equally priced homes
- 61813, IL: less expensive homes
- 61856, IL: higher priced homes
- 61863, IL: equally priced homes
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- 61880, IL: higher priced homes
- 61855, IL: less expensive homes
- 61929, IL: less expensive homes
- 61874, IL: higher priced homes
- 61830, IL: higher priced homes
Zip Codes with Similar Populations
- 32079, FL: higher priced homes
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- 84775, UT: higher priced homes
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- 84715, UT: higher priced homes
- 38928, MS: less expensive homes
- 36513, AL: equally priced homes
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