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These days, finding an affordable place to live in the 62087 area can be challenging. Home prices in 62087 are now at a median cost of $82,207, lower than the Illinois average of $242,002.
The average cost of rent is $803/mo in 62087, primarily driven by the current value of real estate in the 62087 area. While nearly 49.96% of residents own their homes outright in 62087, 29.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62087 is $4,090 per month. Households that rent pay about 19.64% of their income on rent here. 62087's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 62084, IL: equally priced homes
- 62048, IL: less expensive homes
- 62095, IL: higher priced homes
- 62026, IL: higher priced homes
- 62024, IL: higher priced homes
- 62025, IL: higher priced homes
- 62018, IL: higher priced homes
- 62010, IL: higher priced homes
- 62034, IL: higher priced homes
- 62067, IL: higher priced homes
Zip Codes with Similar Populations
- 05667, VT: higher priced homes
- 08544, NJ: higher priced homes
- 12776, NY: higher priced homes
- 16255, PA: higher priced homes
- 74563, OK: equally priced homes
- 50624, IA: higher priced homes
- 73848, OK: higher priced homes
- 72434, AR: equally priced homes
- 72168, AR: less expensive homes
- 71956, AR: less expensive homes
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