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These days, finding an affordable place to live in the 61942 area can be challenging. Home prices in 61942 are now at a median cost of $111,631, lower than the Illinois average of $300,242.
The average cost of rent is $895/mo in 61942, primarily driven by the current value of real estate in the 61942 area. In 61942, 12.00% of households rent, and 57.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61942 is $6,325 per month. Households that rent pay about 14.15% of their income on rent here. 61942’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern 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
- 61941, IL: higher priced homes
- 61932, IL: less expensive homes
- 61917, IL: less expensive homes
- 61816, IL: higher priced homes
- 61852, IL: higher priced homes
- 61810, IL: higher priced homes
- 61919, IL: higher priced homes
- 61956, IL: higher priced homes
- 61940, IL: less expensive homes
- 61876, IL: less expensive homes
Zip Codes with Similar Populations
- 41831, KY: equally priced homes
- 65662, MO: higher priced homes
- 61754, IL: higher priced homes
- 61465, IL: higher priced homes
- 46920, IN: higher priced homes
- 45849, OH: equally priced homes
- 43840, OH: higher priced homes
- 43504, OH: higher priced homes
- 43356, OH: higher priced homes
- 42324, KY: higher priced homes
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