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These days, finding an affordable place to live in the 62241 area can be challenging. Home prices in 62241 are now at a median cost of $128,093, lower than the Illinois average of $242,002.
The average cost of rent is $728/mo in 62241, primarily driven by the current value of real estate in the 62241 area. While nearly 53.13% of residents own their homes outright in 62241, 12.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62241 is $5,346 per month. Households that rent pay about 13.61% of their income on rent here. 62241's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 62297, IL: higher priced homes
- 62261, IL: equally priced homes
- 62242, IL: less expensive homes
- 62259, IL: higher priced homes
- 62233, IL: less expensive homes
- 62217, IL: less expensive homes
- 62277, IL: less expensive homes
- 62288, IL: higher priced homes
- 62286, IL: equally priced homes
- 63670, MO: higher priced homes
Zip Codes with Similar Populations
- 95652, CA: higher priced homes
- 25521, WV: less expensive homes
- 79789, TX: less expensive homes
- 83327, ID: higher priced homes
- 87037, NM: less expensive homes
- 87053, NM: higher priced homes
- 87056, NM: higher priced homes
- 95528, CA: higher priced homes
- 95651, CA: higher priced homes
- 03750, NH: higher priced homes
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