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These days, finding an affordable place to live in the 62012 area can be challenging. Home prices in 62012 are now at a median cost of $182,635, lower than the Illinois average of $300,242.
The average cost of rent is $931/mo in 62012, primarily driven by the current value of real estate in the 62012 area. In 62012, 10.51% of households rent, and 36.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62012 is $8,029 per month. Households that rent pay about 11.59% of their income on rent here. 62012’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern 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
- 62079, IL: equally priced homes
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Zip Codes with Similar Populations
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- 27306, NC: equally priced homes
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