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These days, finding an affordable place to live in the 62218 area can be challenging. Home prices in 62218 are now at a median cost of $152,315, lower than the Illinois average of $242,002.
The average cost of rent is $629/mo in 62218, primarily driven by the current value of real estate in the 62218 area. While nearly 47.38% of residents own their homes outright in 62218, 5.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62218 is $6,916 per month. Households that rent pay about 9.10% of their income on rent here. 62218's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 62245, IL: equally priced homes
- 62219, IL: equally priced homes
- 62230, IL: equally priced homes
- 62271, IL: less expensive homes
- 62215, IL: higher priced homes
- 62231, IL: equally priced homes
- 62216, IL: higher priced homes
- 62250, IL: less expensive homes
- 62803, IL: less expensive homes
- 62266, IL: equally priced homes
Zip Codes with Similar Populations
- 71277, LA: less expensive homes
- 30149, GA: higher priced homes
- 31016, GA: equally priced homes
- 31057, GA: less expensive homes
- 31781, GA: less expensive homes
- 35548, AL: less expensive homes
- 36005, AL: less expensive homes
- 37118, TN: higher priced homes
- 41033, KY: equally priced homes
- 52345, IA: higher priced homes
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