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Affordable
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These days, finding an affordable place to live in the 61951 area can be challenging. Home prices in 61951 are now at a median cost of $153,546, lower than the Illinois average of $300,242.
The average cost of rent is $814/mo in 61951, primarily driven by the current value of real estate in the 61951 area. In 61951, 23.83% of households rent, and 48.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61951 is $7,272 per month. Households that rent pay about 11.20% of their income on rent here. 61951’s most expensive areas are in the northeastern 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
- 61914, IL: less expensive homes
- 62534, IL: less expensive homes
- 61957, IL: equally priced homes
- 61928, IL: equally priced homes
- 61931, IL: equally priced homes
- 61938, IL: less expensive homes
- 61910, IL: equally priced homes
- 62565, IL: equally priced homes
- 62440, IL: higher priced homes
- 62550, IL: equally priced homes
Zip Codes with Similar Populations
- 01057, MA: higher priced homes
- 99349, WA: higher priced homes
- 97759, OR: higher priced homes
- 97496, OR: higher priced homes
- 96791, HI: higher priced homes
- 93721, CA: higher priced homes
- 89061, NV: higher priced homes
- 88242, NM: higher priced homes
- 85929, AZ: higher priced homes
- 83801, ID: higher priced homes
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