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These days, finding an affordable place to live in the 62022 area can be challenging. Home prices in 62022 are now at a median cost of $134,348, lower than the Illinois average of $300,242.
The average cost of rent is $1,165/mo in 62022, primarily driven by the current value of real estate in the 62022 area. In 62022, 21.57% of households rent, and 45.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62022 is $8,047 per month. Households that rent pay about 14.47% of their income on rent here. 62022’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern 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
- 62028, IL: higher priced homes
- 62037, IL: higher priced homes
- 63373, MO: higher priced homes
- 62035, IL: higher priced homes
- 62052, IL: higher priced homes
- 62012, IL: higher priced homes
- 62002, IL: equally priced homes
- 62079, IL: higher priced homes
- 62031, IL: higher priced homes
- 62054, IL: less expensive homes
Zip Codes with Similar Populations
- 04548, ME: higher priced homes
- 04681, ME: higher priced homes
- 04745, ME: equally priced homes
- 05251, VT: higher priced homes
- 05253, VT: higher priced homes
- 05448, VT: higher priced homes
- 06796, CT: higher priced homes
- 11939, NY: higher priced homes
- 12423, NY: higher priced homes
- 12751, NY: higher priced homes
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