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These days, finding an affordable place to live in the 62277 area can be challenging. Home prices in 62277 are now at a median cost of $106,938, lower than the Illinois average of $242,002.
The average cost of rent is $899/mo in 62277, primarily driven by the current value of real estate in the 62277 area. While nearly 47.34% of residents own their homes outright in 62277, 17.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62277 is $5,856 per month. Households that rent pay about 15.36% of their income on rent here. 62277's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 62279, IL: higher priced homes
- 62261, IL: higher priced homes
- 62242, IL: equally priced homes
- 63627, MO: higher priced homes
- 63670, MO: higher priced homes
- 62241, IL: higher priced homes
- 62217, IL: less expensive homes
- 62297, IL: higher priced homes
- 63036, MO: higher priced homes
- 62259, IL: higher priced homes
Zip Codes with Similar Populations
- 04979, ME: higher priced homes
- 07822, NJ: higher priced homes
- 08320, NJ: higher priced homes
- 71065, LA: less expensive homes
- 58638, ND: equally priced homes
- 59215, MT: higher priced homes
- 62621, IL: less expensive homes
- 62810, IL: less expensive homes
- 63781, MO: higher priced homes
- 65692, MO: less expensive homes
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