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These days, finding an affordable place to live in the 62046 area can be challenging. Home prices in 62046 are now at a median cost of $250,300, lower than the Illinois average of $300,242.
The average cost of rent is $954/mo in 62046, primarily driven by the current value of real estate in the 62046 area. In 62046, 20.54% of households rent, and 33.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62046 is $9,167 per month. Households that rent pay about 10.41% of their income on rent here. 62046’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
- 62097, IL: less expensive homes
- 62001, IL: less expensive homes
- 62058, IL: less expensive homes
- 62025, IL: higher priced homes
- 62061, IL: equally priced homes
- 62067, IL: equally priced homes
- 62021, IL: equally priced homes
- 62074, IL: less expensive homes
- 62010, IL: less expensive homes
- 62026, IL: higher priced homes
Zip Codes with Similar Populations
- 81225, CO: higher priced homes
- 24352, VA: less expensive homes
- 25039, WV: less expensive homes
- 25511, WV: less expensive homes
- 25529, WV: less expensive homes
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- 26425, WV: less expensive homes
- 76681, TX: less expensive homes
- 76890, TX: less expensive homes
- 79257, TX: less expensive homes
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