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These days, finding an affordable place to live in the 62351 area can be challenging. Home prices in 62351 are now at a median cost of $128,458, lower than the Illinois average of $300,242.
The average cost of rent is $760/mo in 62351, primarily driven by the current value of real estate in the 62351 area. In 62351, 18.84% of households rent, and 37.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62351 is $6,277 per month. Households that rent pay about 12.10% of their income on rent here. 62351’s most expensive areas are in the southeastern 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
- 62349, IL: equally priced homes
- 62359, IL: higher priced homes
- 62325, IL: higher priced homes
- 62348, IL: higher priced homes
- 62338, IL: higher priced homes
- 62320, IL: higher priced homes
- 62305, IL: higher priced homes
- 62301, IL: equally priced homes
- 63448, MO: less expensive homes
Zip Codes with Similar Populations
- 75968, TX: equally priced homes
- 51575, IA: higher priced homes
- 52242, IA: higher priced homes
- 53059, WI: higher priced homes
- 54433, WI: higher priced homes
- 54469, WI: higher priced homes
- 54613, WI: higher priced homes
- 56449, MN: higher priced homes
- 56628, MN: higher priced homes
- 60444, IL: higher priced homes
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