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These days, finding an affordable place to live in the 62438 area can be challenging. Home prices in 62438 are now at a median cost of $213,886, lower than the Illinois average of $300,242.
The average cost of rent is $925/mo in 62438, primarily driven by the current value of real estate in the 62438 area. In 62438, 6.79% of households rent, and 66.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62438 is $8,860 per month. Households that rent pay about 10.44% of their income on rent here. 62438’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern 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
- 62422, IL: less expensive homes
- 62571, IL: less expensive homes
- 62565, IL: less expensive homes
- 62444, IL: less expensive homes
- 62431, IL: less expensive homes
- 62557, IL: less expensive homes
- 62553, IL: less expensive homes
- 62465, IL: less expensive homes
- 62463, IL: less expensive homes
- 61957, IL: less expensive homes
Zip Codes with Similar Populations
- 19316, PA: higher priced homes
- 87347, NM: less expensive homes
- 23828, VA: less expensive homes
- 23129, VA: higher priced homes
- 22976, VA: higher priced homes
- 22719, VA: higher priced homes
- 21056, MD: higher priced homes
- 20667, MD: higher priced homes
- 20130, VA: higher priced homes
- 87519, NM: higher priced homes
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