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These days, finding an affordable place to live in the 62401 area can be challenging. Home prices in 62401 are now at a median cost of $189,881, lower than the Illinois average of $242,002.
The average cost of rent is $642/mo in 62401, primarily driven by the current value of real estate in the 62401 area. While nearly 45.87% of residents own their homes outright in 62401, 23.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62401 is $6,307 per month. Households that rent pay about 10.18% of their income on rent here. 62401's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 62467, IL: less expensive homes
- 62473, IL: less expensive homes
- 62461, IL: higher priced homes
- 62462, IL: less expensive homes
- 62424, IL: equally priced homes
- 62411, IL: less expensive homes
- 62463, IL: less expensive homes
- 62445, IL: less expensive homes
- 62479, IL: less expensive homes
- 62414, IL: less expensive homes
Zip Codes with Similar Populations
- 07070, NJ: higher priced homes
- 94563, CA: higher priced homes
- 91506, CA: higher priced homes
- 85901, AZ: higher priced homes
- 83864, ID: higher priced homes
- 77302, TX: higher priced homes
- 77058, TX: higher priced homes
- 76120, TX: higher priced homes
- 73036, OK: less expensive homes
- 62220, IL: less expensive homes
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