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These days, finding an affordable place to live in the 62083 area can be challenging. Home prices in 62083 are now at a median cost of $173,838, lower than the Illinois average of $300,242.
The average cost of rent is $569/mo in 62083, primarily driven by the current value of real estate in the 62083 area. In 62083, 16.14% of households rent, and 60.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62083 is $5,139 per month. Households that rent pay about 11.08% of their income on rent here. 62083’s most expensive areas are in the central regions, while the cheapest areas are in the southern 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
- 62076, IL: less expensive homes
- 62557, IL: less expensive homes
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- 62571, IL: less expensive homes
- 62094, IL: less expensive homes
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- 62431, IL: less expensive homes
- 62546, IL: less expensive homes
Zip Codes with Similar Populations
- 76459, TX: less expensive homes
- 65654, MO: higher priced homes
- 67122, KS: less expensive homes
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- 68381, NE: less expensive homes
- 68403, NE: higher priced homes
- 68747, NE: higher priced homes
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