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These days, finding an affordable place to live in the 62264 area can be challenging. Home prices in 62264 are now at a median cost of $161,845, lower than the Illinois average of $300,242.
The average cost of rent is $977/mo in 62264, primarily driven by the current value of real estate in the 62264 area. In 62264, 18.17% of households rent, and 41.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62264 is $5,656 per month. Households that rent pay about 17.28% of their income on rent here. 62264’s most expensive areas are in the northwestern 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
- 62255, IL: equally priced homes
- 62248, IL: higher priced homes
- 62243, IL: higher priced homes
- 62285, IL: higher priced homes
- 62257, IL: less expensive homes
- 62282, IL: higher priced homes
- 62278, IL: higher priced homes
- 62258, IL: higher priced homes
- 62292, IL: less expensive homes
- 62298, IL: higher priced homes
Zip Codes with Similar Populations
- 21919, MD: higher priced homes
- 49032, MI: higher priced homes
- 01922, MA: higher priced homes
- 38256, TN: equally priced homes
- 37882, TN: higher priced homes
- 35576, AL: less expensive homes
- 35172, AL: equally priced homes
- 31076, GA: less expensive homes
- 29438, SC: higher priced homes
- 28525, NC: less expensive homes
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