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These days, finding an affordable place to live in the 62631 area can be challenging. Home prices in 62631 are now at a median cost of $137,500, lower than the Illinois average of $242,002.
The average cost of rent is $729/mo in 62631, primarily driven by the current value of real estate in the 62631 area. While nearly 50.42% of residents own their homes outright in 62631, 16.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62631 is $4,440 per month. Households that rent pay about 16.42% of their income on rent here. 62631's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 62628, IL: less expensive homes
- 62611, IL: less expensive homes
- 62650, IL: less expensive homes
- 62665, IL: less expensive homes
- 62621, IL: less expensive homes
- 62622, IL: less expensive homes
- 62691, IL: less expensive homes
- 62378, IL: less expensive homes
- 62612, IL: less expensive homes
- 62323, IL: less expensive homes
Zip Codes with Similar Populations
- 23480, VA: higher priced homes
- 15945, PA: less expensive homes
- 16022, PA: equally priced homes
- 16132, PA: less expensive homes
- 16730, PA: less expensive homes
- 16939, PA: less expensive homes
- 16940, PA: higher priced homes
- 17080, PA: equally priced homes
- 17768, PA: equally priced homes
- 18244, PA: higher priced homes
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