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These days, finding an affordable place to live in the 62440 area can be challenging. Home prices in 62440 are now at a median cost of $167,593, lower than the Illinois average of $242,002.
The average cost of rent is $822/mo in 62440, primarily driven by the current value of real estate in the 62440 area. While nearly 49.13% of residents own their homes outright in 62440, 13.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62440 is $5,937 per month. Households that rent pay about 13.84% of their income on rent here. 62440's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 62469, IL: less expensive homes
- 61920, IL: less expensive homes
- 61938, IL: less expensive homes
- 62447, IL: less expensive homes
- 61928, IL: less expensive homes
- 61931, IL: equally priced homes
- 62474, IL: less expensive homes
- 61912, IL: less expensive homes
- 61957, IL: less expensive homes
- 62465, IL: less expensive homes
Zip Codes with Similar Populations
- 28363, NC: less expensive homes
- 72626, AR: less expensive homes
- 38927, MS: less expensive homes
- 37348, TN: equally priced homes
- 36736, AL: less expensive homes
- 31071, GA: less expensive homes
- 30820, GA: less expensive homes
- 30660, GA: less expensive homes
- 28439, NC: less expensive homes
- 74951, OK: less expensive homes
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