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These days, finding an affordable place to live in the 62538 area can be challenging. Home prices in 62538 are now at a median cost of $115,711, lower than the Illinois average of $242,002.
The average cost of rent is $762/mo in 62538, primarily driven by the current value of real estate in the 62538 area. While nearly 57.82% of residents own their homes outright in 62538, 15.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62538 is $6,118 per month. Households that rent pay about 12.46% of their income on rent here. 62538's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 62560, IL: equally priced homes
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- 62094, IL: less expensive homes
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- 62075, IL: less expensive homes
- 62672, IL: higher priced homes
Zip Codes with Similar Populations
- 95226, CA: higher priced homes
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