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These days, finding an affordable place to live in the 62245 area can be challenging. Home prices in 62245 are now at a median cost of $164,379, lower than the Illinois average of $242,002.
The average cost of rent is $766/mo in 62245, primarily driven by the current value of real estate in the 62245 area. While nearly 47.57% of residents own their homes outright in 62245, 13.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62245 is $6,343 per month. Households that rent pay about 12.08% of their income on rent here. 62245's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
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Zip Codes with Similar Populations
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