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These days, finding an affordable place to live in the 62220 area can be challenging. Home prices in 62220 are now at a median cost of $137,304, lower than the Illinois average of $242,002.
The average cost of rent is $1,049/mo in 62220, primarily driven by the current value of real estate in the 62220 area. While nearly 36.81% of residents own their homes outright in 62220, 26.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62220 is $6,675 per month. Households that rent pay about 15.72% of their income on rent here. 62220's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 62226, IL: equally priced homes
- 62221, IL: higher priced homes
- 62223, IL: equally priced homes
- 62208, IL: equally priced homes
- 62225, IL: higher priced homes
- 62243, IL: higher priced homes
- 62260, IL: higher priced homes
- 62269, IL: higher priced homes
- 62203, IL: less expensive homes
- 62232, IL: higher priced homes
Zip Codes with Similar Populations
- 70586, LA: equally priced homes
- 39213, MS: less expensive homes
- 44057, OH: equally priced homes
- 44333, OH: higher priced homes
- 45205, OH: less expensive homes
- 53190, WI: higher priced homes
- 61802, IL: equally priced homes
- 63005, MO: higher priced homes
- 66210, KS: higher priced homes
- 68128, NE: higher priced homes
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