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These days, finding an affordable place to live in the 62088 area can be challenging. Home prices in 62088 are now at a median cost of $170,845, lower than the Illinois average of $300,242.
The average cost of rent is $869/mo in 62088, primarily driven by the current value of real estate in the 62088 area. In 62088, 19.01% of households rent, and 41.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62088 is $6,010 per month. Households that rent pay about 14.46% of their income on rent here. 62088’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern 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
- 62058, IL: less expensive homes
- 62085, IL: less expensive homes
- 62093, IL: equally priced homes
- 62069, IL: less expensive homes
- 62009, IL: less expensive homes
- 62074, IL: higher priced homes
- 62023, IL: less expensive homes
- 62097, IL: higher priced homes
- 62033, IL: less expensive homes
- 62014, IL: higher priced homes
Zip Codes with Similar Populations
- 30753, GA: less expensive homes
- 37708, TN: higher priced homes
- 37025, TN: higher priced homes
- 36580, AL: higher priced homes
- 34946, FL: less expensive homes
- 33031, FL: higher priced homes
- 32948, FL: higher priced homes
- 32064, FL: equally priced homes
- 31774, GA: less expensive homes
- 31714, GA: less expensive homes
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