Affordable
Expensive
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These days, finding an affordable place to live in the 62347 area can be challenging. Home prices in 62347 are now at a median cost of $178,505, lower than the Illinois average of $242,002.
The average cost of rent is $830/mo in 62347, primarily driven by the current value of real estate in the 62347 area. While nearly 39.93% of residents own their homes outright in 62347, 14.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62347 is $5,664 per month. Households that rent pay about 14.65% of their income on rent here. 62347's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 62365, IL: less expensive homes
- 62360, IL: less expensive homes
- 62338, IL: less expensive homes
- 62345, IL: less expensive homes
- 62343, IL: less expensive homes
- 62305, IL: higher priced homes
- 62314, IL: less expensive homes
- 62301, IL: less expensive homes
- 63401, MO: less expensive homes
- 62353, IL: less expensive homes
Zip Codes with Similar Populations
- 18077, PA: higher priced homes
- 76837, TX: less expensive homes
- 85630, AZ: less expensive homes
- 29596, SC: less expensive homes
- 75931, TX: equally priced homes
- 28223, NC: higher priced homes
- 18346, PA: equally priced homes
- 13783, NY: less expensive homes
- 13697, NY: less expensive homes
- 13622, NY: equally priced homes
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