The Most Affordable Neighborhoods in 62370, IL by Home Value

These days, finding an affordable place to live in the 62370 area can be challenging. Home prices in 62370 are now at a median cost of $71,032, lower than the Illinois average of $242,002.

The average cost of rent is $589/mo in 62370, primarily driven by the current value of real estate in the 62370 area. While nearly 68.07% of residents own their homes outright in 62370, 6.64% rent.

Housing affordability isn’t just about home prices, though. The average household income in 62370 is $6,708 per month. Households that rent pay about 8.78% of their income on rent here. 62370's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.

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