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These days, finding an affordable place to live in the 62612 area can be challenging. Home prices in 62612 are now at a median cost of $115,556, lower than the Illinois average of $242,002.
The average cost of rent is $859/mo in 62612, primarily driven by the current value of real estate in the 62612 area. While nearly 44.80% of residents own their homes outright in 62612, 16.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62612 is $5,795 per month. Households that rent pay about 14.82% of their income on rent here. 62612's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 62688, IL: equally priced homes
- 62677, IL: higher priced homes
- 62601, IL: equally priced homes
- 62691, IL: equally priced homes
- 62670, IL: higher priced homes
- 62675, IL: higher priced homes
- 62650, IL: equally priced homes
- 62613, IL: higher priced homes
- 62611, IL: equally priced homes
- 62631, IL: higher priced homes
Zip Codes with Similar Populations
- 79546, TX: less expensive homes
- 38388, TN: equally priced homes
- 39743, MS: less expensive homes
- 40468, KY: higher priced homes
- 43772, OH: less expensive homes
- 47272, IN: equally priced homes
- 49670, MI: higher priced homes
- 51551, IA: higher priced homes
- 56433, MN: higher priced homes
- 74369, OK: higher priced homes
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