Affordable
Expensive
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These days, finding an affordable place to live in the 62305 area can be challenging. Home prices in 62305 are now at a median cost of $205,287, lower than the Illinois average of $242,002.
The average cost of rent is $828/mo in 62305, primarily driven by the current value of real estate in the 62305 area. While nearly 45.33% of residents own their homes outright in 62305, 18.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62305 is $6,953 per month. Households that rent pay about 11.91% of their income on rent here. 62305's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
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Zip Codes with Similar Populations
- 60465, IL: equally priced homes
- 63105, MO: higher priced homes
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- 46703, IN: equally priced homes
- 47710, IN: less expensive homes
- 53538, WI: equally priced homes
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