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These days, finding an affordable place to live in the 62514 area can be challenging. Home prices in 62514 are now at a median cost of $150,277, lower than the Illinois average of $242,002.
The average cost of rent is $873/mo in 62514, primarily driven by the current value of real estate in the 62514 area. While nearly 54.20% of residents own their homes outright in 62514, 16.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62514 is $6,793 per month. Households that rent pay about 12.84% of their income on rent here. 62514's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 62532, IL: less expensive homes
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- 62521, IL: less expensive homes
- 62551, IL: less expensive homes
- 62526, IL: less expensive homes
- 62549, IL: equally priced homes
Zip Codes with Similar Populations
- 77468, TX: equally priced homes
- 37044, TN: higher priced homes
- 38781, MS: less expensive homes
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- 42047, KY: less expensive homes
- 43458, OH: less expensive homes
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