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These days, finding an affordable place to live in the 62203 area can be challenging. Home prices in 62203 are now at a median cost of $66,476, lower than the Illinois average of $242,002.
The average cost of rent is $941/mo in 62203, primarily driven by the current value of real estate in the 62203 area. While nearly 58.76% of residents own their homes outright in 62203, 24.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62203 is $3,674 per month. Households that rent pay about 25.60% of their income on rent here. 62203's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 62204, IL: less expensive homes
- 62207, IL: less expensive homes
- 62205, IL: less expensive homes
- 62223, IL: higher priced homes
- 62201, IL: equally priced homes
- 62232, IL: higher priced homes
- 62208, IL: higher priced homes
- 62226, IL: higher priced homes
- 62206, IL: less expensive homes
- 62059, IL: less expensive homes
Zip Codes with Similar Populations
- 37029, TN: higher priced homes
- 15627, PA: higher priced homes
- 15748, PA: higher priced homes
- 16403, PA: higher priced homes
- 17931, PA: higher priced homes
- 19076, PA: higher priced homes
- 19940, DE: higher priced homes
- 20722, MD: higher priced homes
- 21716, MD: higher priced homes
- 27350, NC: higher priced homes
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