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These days, finding an affordable place to live in the 62204 area can be challenging. Home prices in 62204 are now at a median cost of $52,717, lower than the Illinois average of $300,242.
The average cost of rent is $890/mo in 62204, primarily driven by the current value of real estate in the 62204 area. In 62204, 22.23% of households rent, and 69.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62204 is $3,410 per month. Households that rent pay about 26.09% of their income on rent here. 62204’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern 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
- 62201, IL: higher priced homes
- 62205, IL: less expensive homes
- 62203, IL: higher priced homes
- 62207, IL: higher priced homes
- 62059, IL: less expensive homes
- 62060, IL: higher priced homes
- 62090, IL: equally priced homes
- 63102, MO: higher priced homes
- 63101, MO: higher priced homes
- 62232, IL: higher priced homes
Zip Codes with Similar Populations
- 32686, FL: higher priced homes
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- 79782, TX: higher priced homes
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- 75790, TX: higher priced homes
- 75656, TX: higher priced homes
- 75424, TX: higher priced homes
- 75109, TX: higher priced homes
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