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These days, finding an affordable place to live in the 62418 area can be challenging. Home prices in 62418 are now at a median cost of $134,899, lower than the Illinois average of $300,242.
The average cost of rent is $857/mo in 62418, primarily driven by the current value of real estate in the 62418 area. In 62418, 18.04% of households rent, and 66.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62418 is $5,023 per month. Households that rent pay about 17.06% of their income on rent here. 62418’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
- 62458, IL: less expensive homes
- 62471, IL: equally priced homes
- 62080, IL: less expensive homes
- 62411, IL: equally priced homes
- 62414, IL: equally priced homes
- 62011, IL: higher priced homes
- 62262, IL: higher priced homes
- 62426, IL: equally priced homes
- 62443, IL: higher priced homes
- 62032, IL: less expensive homes
Zip Codes with Similar Populations
- 14560, NY: higher priced homes
- 16669, PA: higher priced homes
- 16627, PA: less expensive homes
- 16123, PA: higher priced homes
- 15618, PA: higher priced homes
- 15535, PA: higher priced homes
- 15067, PA: less expensive homes
- 14782, NY: equally priced homes
- 14747, NY: less expensive homes
- 14533, NY: higher priced homes
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