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These days, finding an affordable place to live in the 62638 area can be challenging. Home prices in 62638 are now at a median cost of $113,342, lower than the Illinois average of $242,002.
The average cost of rent is $771/mo in 62638, primarily driven by the current value of real estate in the 62638 area. While nearly 39.14% of residents own their homes outright in 62638, 14.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62638 is $6,189 per month. Households that rent pay about 12.46% of their income on rent here. 62638's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 62692, IL: less expensive homes
- 62695, IL: equally priced homes
- 62601, IL: higher priced homes
- 62668, IL: less expensive homes
- 62661, IL: less expensive homes
- 62650, IL: equally priced homes
- 62670, IL: higher priced homes
- 62663, IL: equally priced homes
- 62689, IL: higher priced homes
- 62615, IL: higher priced homes
Zip Codes with Similar Populations
- 75411, TX: higher priced homes
- 25607, WV: less expensive homes
- 29104, SC: equally priced homes
- 29635, SC: higher priced homes
- 36505, AL: higher priced homes
- 38342, TN: less expensive homes
- 42349, KY: less expensive homes
- 43754, OH: equally priced homes
- 44093, OH: higher priced homes
- 46913, IN: higher priced homes
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