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These days, finding an affordable place to live in the 62237 area can be challenging. Home prices in 62237 are now at a median cost of $113,634, lower than the Illinois average of $242,002.
The average cost of rent is $533/mo in 62237, primarily driven by the current value of real estate in the 62237 area. While nearly 51.88% of residents own their homes outright in 62237, 12.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62237 is $5,190 per month. Households that rent pay about 10.28% of their income on rent here. 62237's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 62292, IL: less expensive homes
- 62268, IL: higher priced homes
- 62286, IL: equally priced homes
- 62257, IL: less expensive homes
- 62238, IL: less expensive homes
- 62272, IL: less expensive homes
- 62274, IL: equally priced homes
- 62288, IL: higher priced homes
- 62217, IL: less expensive homes
- 62297, IL: higher priced homes
Zip Codes with Similar Populations
- 13042, NY: equally priced homes
- 13424, NY: higher priced homes
- 15442, PA: less expensive homes
- 97431, OR: higher priced homes
- 92061, CA: higher priced homes
- 16154, PA: higher priced homes
- 29437, SC: higher priced homes
- 11509, NY: higher priced homes
- 50563, IA: higher priced homes
- 65661, MO: higher priced homes
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