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Affordable
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These days, finding an affordable place to live in the 62272 area can be challenging. Home prices in 62272 are now at a median cost of $94,720, lower than the Illinois average of $300,242.
The average cost of rent is $700/mo in 62272, primarily driven by the current value of real estate in the 62272 area. In 62272, 29.96% of households rent, and 53.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62272 is $4,603 per month. Households that rent pay about 15.20% of their income on rent here. 62272’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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
- 62997, IL: less expensive homes
- 62288, IL: higher priced homes
- 62238, IL: less expensive homes
- 62916, IL: equally priced homes
- 62286, IL: higher priced homes
- 62297, IL: higher priced homes
- 62233, IL: higher priced homes
- 62237, IL: higher priced homes
- 62259, IL: higher priced homes
- 62274, IL: higher priced homes
Zip Codes with Similar Populations
- 73645, OK: higher priced homes
- 28392, NC: higher priced homes
- 28902, NC: higher priced homes
- 32427, FL: higher priced homes
- 32511, FL: higher priced homes
- 36042, AL: equally priced homes
- 36256, AL: higher priced homes
- 38379, TN: higher priced homes
- 43913, OH: less expensive homes
- 45743, OH: higher priced homes
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