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Affordable
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These days, finding an affordable place to live in the 62434 area can be challenging. Home prices in 62434 are now at a median cost of $182,846, lower than the Illinois average of $300,242.
The average cost of rent is $759/mo in 62434, primarily driven by the current value of real estate in the 62434 area. In 62434, 9.17% of households rent, and 78.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62434 is $8,407 per month. Households that rent pay about 9.02% of their income on rent here. 62434’s most expensive areas are in the northern regions, while the cheapest areas are in the southern 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
- 62879, IL: less expensive homes
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- 62459, IL: less expensive homes
- 62443, IL: less expensive homes
- 62426, IL: less expensive homes
- 62421, IL: equally priced homes
Zip Codes with Similar Populations
- 23845, VA: less expensive homes
- 85609, AZ: higher priced homes
- 84744, UT: higher priced homes
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- 24167, VA: less expensive homes
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