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These days, finding an affordable place to live in the 62298 area can be challenging. Home prices in 62298 are now at a median cost of $225,292, lower than the Illinois average of $242,002.
The average cost of rent is $970/mo in 62298, primarily driven by the current value of real estate in the 62298 area. While nearly 42.77% of residents own their homes outright in 62298, 17.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62298 is $7,509 per month. Households that rent pay about 12.92% of their income on rent here. 62298's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 62295, IL: less expensive homes
- 62236, IL: higher priced homes
- 62256, IL: equally priced homes
- 62248, IL: less expensive homes
- 62244, IL: equally priced homes
- 62285, IL: equally priced homes
- 62260, IL: equally priced homes
- 63053, MO: less expensive homes
- 62278, IL: less expensive homes
- 63129, MO: equally priced homes
Zip Codes with Similar Populations
- 65613, MO: less expensive homes
- 33035, FL: less expensive homes
- 33534, FL: less expensive homes
- 34695, FL: higher priced homes
- 35150, AL: less expensive homes
- 37813, TN: less expensive homes
- 38372, TN: less expensive homes
- 47501, IN: less expensive homes
- 48240, MI: less expensive homes
- 48374, MI: higher priced homes
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