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These days, finding an affordable place to live in the 62311 area can be challenging. Home prices in 62311 are now at a median cost of $95,041, lower than the Illinois average of $242,002.
The average cost of rent is $618/mo in 62311, primarily driven by the current value of real estate in the 62311 area. While nearly 49.82% of residents own their homes outright in 62311, 19.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62311 is $3,659 per month. Households that rent pay about 16.89% of their income on rent here. 62311's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 62367, IL: equally priced homes
- 62346, IL: higher priced homes
- 62316, IL: less expensive homes
- 62344, IL: higher priced homes
- 62339, IL: higher priced homes
- 62319, IL: higher priced homes
- 62380, IL: less expensive homes
- 62349, IL: higher priced homes
- 61452, IL: higher priced homes
- 62313, IL: less expensive homes
Zip Codes with Similar Populations
- 62292, IL: less expensive homes
- 57626, SD: higher priced homes
- 57720, SD: equally priced homes
- 58005, ND: higher priced homes
- 58521, ND: higher priced homes
- 58759, ND: higher priced homes
- 59448, MT: less expensive homes
- 61039, IL: higher priced homes
- 61484, IL: less expensive homes
- 57235, SD: higher priced homes
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