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These days, finding an affordable place to live in the 62023 area can be challenging. Home prices in 62023 are now at a median cost of $62,602, lower than the Illinois average of $242,002.
The average cost of rent is $696/mo in 62023, primarily driven by the current value of real estate in the 62023 area. While nearly 50.44% of residents own their homes outright in 62023, 16.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62023 is $4,143 per month. Households that rent pay about 16.81% of their income on rent here. 62023's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
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- 62014, IL: higher priced homes
- 62685, IL: higher priced homes
Zip Codes with Similar Populations
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