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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 $95,633, lower than the Illinois average of $300,242.
The average cost of rent is $876/mo in 62087, primarily driven by the current value of real estate in the 62087 area. In 62087, 31.45% of households rent, and 52.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62087 is $5,008 per month. Households that rent pay about 17.49% of their income on rent here. 62087’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern 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
- 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: less expensive 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: higher 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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