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These days, finding an affordable place to live in the 62243 area can be challenging. Home prices in 62243 are now at a median cost of $200,070, lower than the Illinois average of $242,002.
The average cost of rent is $1,042/mo in 62243, primarily driven by the current value of real estate in the 62243 area. While nearly 36.13% of residents own their homes outright in 62243, 21.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62243 is $6,266 per month. Households that rent pay about 16.62% of their income on rent here. 62243's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 62285, IL: higher priced homes
- 62220, IL: less expensive homes
- 62258, IL: less expensive homes
- 62221, IL: equally priced homes
- 62225, IL: less expensive homes
- 62264, IL: less expensive homes
- 62226, IL: less expensive homes
- 62248, IL: less expensive homes
- 62260, IL: equally priced homes
- 62255, IL: less expensive homes
Zip Codes with Similar Populations
- 62233, IL: less expensive homes
- 49055, MI: less expensive homes
- 53949, WI: less expensive homes
- 55359, MN: higher priced homes
- 55415, MN: higher priced homes
- 60468, IL: higher priced homes
- 61240, IL: less expensive homes
- 61362, IL: less expensive homes
- 61616, IL: less expensive homes
- 61873, IL: equally priced homes
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