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These days, finding an affordable place to live in the 62451 area can be challenging. Home prices in 62451 are now at a median cost of $85,789, lower than the Illinois average of $242,002.
The average cost of rent is $676/mo in 62451, primarily driven by the current value of real estate in the 62451 area. While nearly 49.86% of residents own their homes outright in 62451, 15.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62451 is $4,748 per month. Households that rent pay about 14.24% of their income on rent here. 62451's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 47861, IN: higher priced homes
- 62454, IL: higher priced homes
- 62427, IL: higher priced homes
- 62464, IL: higher priced homes
- 47838, IN: equally priced homes
- 47865, IN: less expensive homes
- 47882, IN: higher priced homes
- 47561, IN: higher priced homes
- 62449, IL: equally priced homes
- 47535, IN: equally priced homes
Zip Codes with Similar Populations
- 62935, IL: higher priced homes
- 48741, MI: higher priced homes
- 50458, IA: higher priced homes
- 50647, IA: higher priced homes
- 54425, WI: higher priced homes
- 55012, MN: higher priced homes
- 55329, MN: higher priced homes
- 56296, MN: higher priced homes
- 56571, MN: higher priced homes
- 56586, MN: higher priced homes
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