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Affordable
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These days, finding an affordable place to live in the 62374 area can be challenging. Home prices in 62374 are now at a median cost of $217,056, lower than the Illinois average of $300,242.
The average cost of rent is $755/mo in 62374, primarily driven by the current value of real estate in the 62374 area. In 62374, 10.00% of households rent, and 39.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62374 is $6,966 per month. Households that rent pay about 10.83% of their income on rent here. 62374’s most expensive areas are in the northwestern 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
- 62326, IL: less expensive homes
- 62367, IL: less expensive homes
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- 62321, IL: less expensive homes
- 61450, IL: less expensive homes
- 61475, IL: less expensive homes
- 61440, IL: less expensive homes
- 62336, IL: less expensive homes
- 61438, IL: less expensive homes
Zip Codes with Similar Populations
- 34679, FL: higher priced homes
- 84644, UT: higher priced homes
- 84031, UT: higher priced homes
- 83637, ID: higher priced homes
- 83526, ID: higher priced homes
- 83466, ID: higher priced homes
- 83272, ID: higher priced homes
- 83244, ID: less expensive homes
- 82943, WY: less expensive homes
- 40997, KY: less expensive homes
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