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Affordable
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These days, finding an affordable place to live in the 61924 area can be challenging. Home prices in 61924 are now at a median cost of $119,018, lower than the Illinois average of $300,242.
The average cost of rent is $929/mo in 61924, primarily driven by the current value of real estate in the 61924 area. In 61924, 25.88% of households rent, and 58.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61924 is $6,772 per month. Households that rent pay about 13.71% of their income on rent here. 61924’s most expensive areas are in the southern regions, while the cheapest areas are in the western 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
- 61940, IL: less expensive homes
- 47847, IN: equally priced homes
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- 47854, IN: higher priced homes
- 61949, IL: less expensive homes
- 47966, IN: higher priced homes
- 61917, IL: less expensive homes
- 47842, IN: higher priced homes
Zip Codes with Similar Populations
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- 42274, KY: higher priced homes
- 38601, MS: higher priced homes
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