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Affordable
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These days, finding an affordable place to live in the 61955 area can be challenging. Home prices in 61955 are now at a median cost of $151,200, lower than the Illinois average of $300,242.
The average cost of rent is $749/mo in 61955, primarily driven by the current value of real estate in the 61955 area. In 61955, 13.55% of households rent, and 49.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61955 is $6,310 per month. Households that rent pay about 11.87% of their income on rent here. 61955’s most expensive areas are in the central 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
- 61944, IL: less expensive homes
- 47863, IN: less expensive homes
- 47831, IN: less expensive homes
- 47884, IN: equally priced homes
- 47876, IN: equally priced homes
- 47885, IN: equally priced homes
- 62423, IL: higher priced homes
- 47880, IN: higher priced homes
- 47842, IN: less expensive homes
- 47804, IN: less expensive homes
Zip Codes with Similar Populations
- 79535, TX: less expensive homes
- 50040, IA: higher priced homes
- 50239, IA: higher priced homes
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- 51630, IA: less expensive homes
- 51637, IA: less expensive homes
- 51648, IA: higher priced homes
- 53047, WI: higher priced homes
- 54517, WI: higher priced homes
- 75573, TX: higher priced homes
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