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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 $142,755, lower than the Illinois average of $300,242.
The average cost of rent is $909/mo in 62237, primarily driven by the current value of real estate in the 62237 area. In 62237, 13.85% of households rent, and 59.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62237 is $4,970 per month. Households that rent pay about 18.29% of their income on rent here. 62237’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central 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
- 62292, IL: less expensive homes
- 62268, IL: higher priced homes
- 62286, IL: less expensive homes
- 62257, IL: equally priced homes
- 62238, IL: less expensive homes
- 62272, IL: less expensive homes
- 62274, IL: equally priced homes
- 62288, IL: equally priced homes
- 62217, IL: equally priced homes
- 62297, IL: higher priced homes
Zip Codes with Similar Populations
- 13042, NY: less expensive homes
- 13424, NY: higher priced homes
- 15442, PA: less expensive homes
- 97431, OR: higher priced homes
- 92061, CA: higher priced homes
- 16154, PA: equally 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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