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Affordable
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These days, finding an affordable place to live in the 62341 area can be challenging. Home prices in 62341 are now at a median cost of $140,219, lower than the Illinois average of $300,242.
The average cost of rent is $926/mo in 62341, primarily driven by the current value of real estate in the 62341 area. In 62341, 26.09% of households rent, and 52.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62341 is $5,672 per month. Households that rent pay about 16.32% of their income on rent here. 62341’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern 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
- 52632, IA: equally priced homes
- 62334, IL: equally priced homes
- 62379, IL: less expensive homes
- 62313, IL: less expensive homes
- 62336, IL: equally priced homes
- 62373, IL: equally priced homes
- 63430, MO: equally priced homes
- 62321, IL: equally priced homes
- 63472, MO: equally priced homes
- 62380, IL: less expensive homes
Zip Codes with Similar Populations
- 05679, VT: higher priced homes
- 06751, CT: higher priced homes
- 06784, CT: higher priced homes
- 07641, NJ: higher priced homes
- 13417, NY: higher priced homes
- 17027, PA: higher priced homes
- 17834, PA: less expensive homes
- 34289, FL: higher priced homes
- 72519, AR: equally priced homes
- 30445, GA: less expensive homes
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