Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the 62031 area can be challenging. Home prices in 62031 are now at a median cost of $199,436, lower than the Illinois average of $300,242.
The average cost of rent is $948/mo in 62031, primarily driven by the current value of real estate in the 62031 area. In 62031, 9.53% of households rent, and 43.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62031 is $7,239 per month. Households that rent pay about 13.10% of their income on rent here. 62031’s most expensive areas are in the southern 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
- 62047, IL: less expensive homes
- 62006, IL: higher priced homes
- 62054, IL: less expensive homes
- 62052, IL: less expensive homes
- 62065, IL: less expensive homes
- 62027, IL: less expensive homes
- 62022, IL: less expensive homes
- 62045, IL: equally priced homes
- 62016, IL: less expensive homes
- 63347, MO: equally priced homes
Zip Codes with Similar Populations
- 13361, NY: equally priced homes
- 01032, MA: higher priced homes
- 15358, PA: less expensive homes
- 15351, PA: less expensive homes
- 14842, NY: higher priced homes
- 14841, NY: higher priced homes
- 13681, NY: less expensive homes
- 13665, NY: less expensive homes
- 12837, NY: less expensive homes
- 12824, NY: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood