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These days, finding an affordable place to live in the 62643 area can be challenging. Home prices in 62643 are now at a median cost of $139,773, lower than the Illinois average of $300,242.
The average cost of rent is $1,026/mo in 62643, primarily driven by the current value of real estate in the 62643 area. In 62643, 34.38% of households rent, and 48.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62643 is $6,778 per month. Households that rent pay about 15.14% of their income on rent here. 62643’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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
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Zip Codes with Similar Populations
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- 24161, VA: equally priced homes
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