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These days, finding an affordable place to live in the 62248 area can be challenging. Home prices in 62248 are now at a median cost of $152,700, lower than the Illinois average of $242,002.
The average cost of rent is $619/mo in 62248, primarily driven by the current value of real estate in the 62248 area. While nearly 39.35% of residents own their homes outright in 62248, 11.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62248 is $7,358 per month. Households that rent pay about 8.41% of their income on rent here. 62248's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 62264, IL: equally priced homes
- 62285, IL: higher priced homes
- 62278, IL: equally priced homes
- 62298, IL: higher priced homes
- 62243, IL: higher priced homes
- 62255, IL: equally priced homes
- 62260, IL: higher priced homes
- 62244, IL: higher priced homes
- 62256, IL: higher priced homes
- 62257, IL: less expensive homes
Zip Codes with Similar Populations
- 25261, WV: less expensive homes
- 87936, NM: less expensive homes
- 87742, NM: higher priced homes
- 31743, GA: equally priced homes
- 27840, NC: less expensive homes
- 26369, WV: less expensive homes
- 25978, WV: less expensive homes
- 25820, WV: higher priced homes
- 25644, WV: less expensive homes
- 88348, NM: equally priced homes
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