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These days, finding an affordable place to live in the 62348 area can be challenging. Home prices in 62348 are now at a median cost of $144,320, lower than the Illinois average of $300,242.
The average cost of rent is $748/mo in 62348, primarily driven by the current value of real estate in the 62348 area. In 62348, 13.44% of households rent, and 58.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62348 is $5,742 per month. Households that rent pay about 13.03% of their income on rent here. 62348’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 62376, IL: higher priced homes
- 62373, IL: equally priced homes
- 62351, IL: less expensive homes
- 62349, IL: equally priced homes
- 63435, MO: higher priced homes
- 62380, IL: less expensive homes
- 63448, MO: less expensive homes
- 62359, IL: higher priced homes
- 62325, IL: higher priced homes
- 62316, IL: less expensive homes
Zip Codes with Similar Populations
- 62336, IL: equally priced homes
- 78144, TX: higher priced homes
- 70046, LA: less expensive homes
- 65586, MO: higher priced homes
- 63079, MO: higher priced homes
- 62961, IL: equally priced homes
- 62622, IL: higher priced homes
- 62541, IL: less expensive homes
- 62532, IL: equally priced homes
- 78145, TX: higher priced homes
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