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These days, finding an affordable place to live in the 62238 area can be challenging. Home prices in 62238 are now at a median cost of $83,423, lower than the Illinois average of $300,242.
The average cost of rent is $894/mo in 62238, primarily driven by the current value of real estate in the 62238 area. In 62238, 20.46% of households rent, and 57.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62238 is $6,223 per month. Households that rent pay about 14.37% of their income on rent here. 62238’s most expensive areas are in the northeastern 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
- 62272, IL: higher priced homes
- 62997, IL: less expensive homes
- 62288, IL: higher priced homes
- 62916, IL: higher priced homes
- 62286, IL: higher priced homes
- 62237, IL: higher priced homes
- 62274, IL: higher priced homes
- 62297, IL: higher priced homes
- 62233, IL: higher priced homes
- 62994, IL: higher priced homes
Zip Codes with Similar Populations
- 38352, TN: higher priced homes
- 84306, UT: higher priced homes
- 83232, ID: higher priced homes
- 82842, WY: higher priced homes
- 50603, IA: higher priced homes
- 49757, MI: higher priced homes
- 48705, MI: higher priced homes
- 41838, KY: less expensive homes
- 41385, KY: equally priced homes
- 84531, UT: less expensive homes
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