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These days, finding an affordable place to live in the 62205 area can be challenging. Home prices in 62205 are now at a median cost of $60,107, lower than the Illinois average of $242,002.
The average cost of rent is $771/mo in 62205, primarily driven by the current value of real estate in the 62205 area. While nearly 64.64% of residents own their homes outright in 62205, 37.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62205 is $2,880 per month. Households that rent pay about 26.76% of their income on rent here. 62205's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 62201, IL: equally priced homes
- 62204, IL: less expensive homes
- 62207, IL: less expensive homes
- 62203, IL: higher priced homes
- 62059, IL: less expensive homes
- 63102, MO: higher priced homes
- 63101, MO: higher priced homes
- 62206, IL: less expensive homes
- 62090, IL: less expensive homes
- 63106, MO: higher priced homes
Zip Codes with Similar Populations
- 30183, GA: higher priced homes
- 78643, TX: higher priced homes
- 77665, TX: higher priced homes
- 76825, TX: higher priced homes
- 76642, TX: higher priced homes
- 38680, MS: higher priced homes
- 35218, AL: higher priced homes
- 33834, FL: higher priced homes
- 30621, GA: higher priced homes
- 78657, TX: higher priced homes
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