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These days, finding an affordable place to live in the 61863 area can be challenging. Home prices in 61863 are now at a median cost of $158,103, lower than the Illinois average of $242,002.
The average cost of rent is $819/mo in 61863, primarily driven by the current value of real estate in the 61863 area. While nearly 41.32% of residents own their homes outright in 61863, 8.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61863 is $5,865 per month. Households that rent pay about 13.97% of their income on rent here. 61863's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 61872, IL: less expensive homes
- 61880, IL: equally priced homes
- 61956, IL: less expensive homes
- 61864, IL: higher priced homes
- 61851, IL: less expensive homes
- 61874, IL: higher priced homes
- 61852, IL: higher priced homes
- 61913, IL: less expensive homes
- 61941, IL: less expensive homes
- 61877, IL: higher priced homes
Zip Codes with Similar Populations
- 03752, NH: higher priced homes
- 05405, VT: higher priced homes
- 05456, VT: higher priced homes
- 08323, NJ: higher priced homes
- 12032, NY: less expensive homes
- 14878, NY: equally priced homes
- 15688, PA: less expensive homes
- 15920, PA: less expensive homes
- 16636, PA: equally priced homes
- 16729, PA: less expensive homes
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