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Affordable
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These days, finding an affordable place to live in the 62618 area can be challenging. Home prices in 62618 are now at a median cost of $99,775, lower than the Illinois average of $300,242.
The average cost of rent is $709/mo in 62618, primarily driven by the current value of real estate in the 62618 area. In 62618, 27.82% of households rent, and 52.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62618 is $5,395 per month. Households that rent pay about 13.15% of their income on rent here. 62618’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 62622, IL: higher priced homes
- 62639, IL: higher priced homes
- 62624, IL: less expensive homes
- 62681, IL: higher priced homes
- 62691, IL: higher priced homes
- 62627, IL: less expensive homes
- 62353, IL: higher priced homes
- 62617, IL: less expensive homes
- 62319, IL: higher priced homes
- 62375, IL: higher priced homes
Zip Codes with Similar Populations
- 01464, MA: higher priced homes
- 98675, WA: higher priced homes
- 98620, WA: higher priced homes
- 98337, WA: higher priced homes
- 98239, WA: higher priced homes
- 98014, WA: higher priced homes
- 97537, OR: higher priced homes
- 97411, OR: higher priced homes
- 95693, CA: higher priced homes
- 94939, CA: higher priced homes
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