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Affordable
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These days, finding an affordable place to live in the 62288 area can be challenging. Home prices in 62288 are now at a median cost of $154,433, lower than the Illinois average of $300,242.
The average cost of rent is $731/mo in 62288, primarily driven by the current value of real estate in the 62288 area. In 62288, 24.97% of households rent, and 51.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62288 is $5,706 per month. Households that rent pay about 12.81% of their income on rent here. 62288’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
- 62272, IL: less expensive homes
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- 62241, IL: less expensive homes
- 62237, IL: equally priced homes
Zip Codes with Similar Populations
- 61537, IL: less expensive homes
- 36553, AL: equally priced homes
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- 41635, KY: less expensive homes
- 54101, WI: higher priced homes
- 55080, MN: higher priced homes
- 57532, SD: higher priced homes
- 61011, IL: higher priced homes
- 42776, KY: higher priced homes
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