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These days, finding an affordable place to live in the 61880 area can be challenging. Home prices in 61880 are now at a median cost of $160,364, lower than the Illinois average of $242,002.
The average cost of rent is $785/mo in 61880, primarily driven by the current value of real estate in the 61880 area. While nearly 41.32% of residents own their homes outright in 61880, 29.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61880 is $5,241 per month. Households that rent pay about 14.97% of their income on rent here. 61880's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 61863, IL: equally priced homes
- 61874, IL: higher priced homes
- 61864, IL: higher priced homes
- 61872, IL: less expensive homes
- 61956, IL: less expensive homes
- 61877, IL: higher priced homes
- 61851, IL: less expensive homes
- 61852, IL: higher priced homes
- 61816, IL: higher priced homes
- 61941, IL: less expensive homes
Zip Codes with Similar Populations
- 32612, FL: higher priced homes
- 77434, TX: less expensive homes
- 76877, TX: less expensive homes
- 75969, TX: less expensive homes
- 75966, TX: less expensive homes
- 74965, OK: less expensive homes
- 74079, OK: less expensive homes
- 38650, MS: less expensive homes
- 38581, TN: less expensive homes
- 38049, TN: less expensive homes
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