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Affordable
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These days, finding an affordable place to live in the 62232 area can be challenging. Home prices in 62232 are now at a median cost of $227,214, lower than the Illinois average of $300,242.
The average cost of rent is $1,425/mo in 62232, primarily driven by the current value of real estate in the 62232 area. In 62232, 20.76% of households rent, and 37.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62232 is $10,336 per month. Households that rent pay about 13.79% of their income on rent here. 62232’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern 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
- 62208, IL: less expensive homes
- 62234, IL: less expensive homes
- 62203, IL: less expensive homes
- 62204, IL: less expensive homes
- 62269, IL: higher priced homes
- 62223, IL: less expensive homes
- 62226, IL: less expensive homes
- 62201, IL: less expensive homes
- 62205, IL: less expensive homes
- 62062, IL: higher priced homes
Zip Codes with Similar Populations
- 93591, CA: higher priced homes
- 10547, NY: higher priced homes
- 11789, NY: higher priced homes
- 13732, NY: less expensive homes
- 15537, PA: less expensive homes
- 78575, TX: equally priced homes
- 85194, AZ: higher priced homes
- 86011, AZ: higher priced homes
- 86429, AZ: higher priced homes
- 92352, CA: higher priced homes
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