The Most Affordable Neighborhoods in 62630, IL by Home Value

 

62630, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 62630 area can be challenging. Home prices in 62630 are now at a median cost of $153,616, lower than the Illinois average of $242,002.

The average cost of rent is $711/mo in 62630, primarily driven by the current value of real estate in the 62630 area. While nearly 57.83% of residents own their homes outright in 62630, 8.51% rent.

Housing affordability isn’t just about home prices, though. The average household income in 62630 is $7,485 per month. Households that rent pay about 9.50% of their income on rent here. 62630's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the zip.


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