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These days, finding an affordable place to live in the 61883 area can be challenging. Home prices in 61883 are now at a median cost of $85,673, lower than the Illinois average of $242,002.
The average cost of rent is $626/mo in 61883, primarily driven by the current value of real estate in the 61883 area. While nearly 53.68% of residents own their homes outright in 61883, 19.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61883 is $4,453 per month. Households that rent pay about 14.05% of their income on rent here. 61883's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 61833, IL: less expensive homes
- 61817, IL: higher priced homes
- 61846, IL: less expensive homes
- 61832, IL: equally priced homes
- 61834, IL: higher priced homes
- 61858, IL: higher priced homes
- 47974, IN: higher priced homes
- 61841, IL: higher priced homes
- 61850, IL: less expensive homes
- 61870, IL: equally priced homes
Zip Codes with Similar Populations
- 29032, SC: higher priced homes
- 78022, TX: higher priced homes
- 77984, TX: higher priced homes
- 37860, TN: higher priced homes
- 37714, TN: higher priced homes
- 35553, AL: less expensive homes
- 35456, AL: higher priced homes
- 32455, FL: higher priced homes
- 31068, GA: less expensive homes
- 30725, GA: higher priced homes
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