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These days, finding an affordable place to live in the 62051 area can be challenging. Home prices in 62051 are now at a median cost of $89,078, lower than the Illinois average of $242,002.
The average cost of rent is $817/mo in 62051, primarily driven by the current value of real estate in the 62051 area. While nearly 66.46% of residents own their homes outright in 62051, 29.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62051 is $5,448 per month. Households that rent pay about 15.00% of their income on rent here. 62051's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 62094, IL: equally priced homes
- 62049, IL: equally priced homes
- 62089, IL: less expensive homes
- 62015, IL: higher priced homes
- 62075, IL: less expensive homes
- 62032, IL: equally priced homes
- 62560, IL: higher priced homes
- 62538, IL: higher priced homes
- 62011, IL: higher priced homes
- 62056, IL: higher priced homes
Zip Codes with Similar Populations
- 04551, ME: higher priced homes
- 04616, ME: higher priced homes
- 05652, VT: higher priced homes
- 05732, VT: higher priced homes
- 05867, VT: higher priced homes
- 08555, NJ: higher priced homes
- 13319, NY: higher priced homes
- 13752, NY: higher priced homes
- 14480, NY: higher priced homes
- 71747, AR: less expensive homes
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