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These days, finding an affordable place to live in the 61938 area can be challenging. Home prices in 61938 are now at a median cost of $127,634, lower than the Illinois average of $300,242.
The average cost of rent is $788/mo in 61938, primarily driven by the current value of real estate in the 61938 area. In 61938, 38.95% of households rent, and 50.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61938 is $5,136 per month. Households that rent pay about 15.34% of their income on rent here. 61938’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central 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
- 61928, IL: higher priced homes
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- 61951, IL: higher priced homes
- 62465, IL: higher priced homes
- 61912, IL: higher priced homes
Zip Codes with Similar Populations
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- 27803, NC: higher priced homes
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