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These days, finding an affordable place to live in the 62649 area can be challenging. Home prices in 62649 are now at a median cost of $174,729, lower than the Illinois average of $300,242.
The average cost of rent is $719/mo in 62649, primarily driven by the current value of real estate in the 62649 area. In 62649, 12.77% of households rent, and 64.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62649 is $7,343 per month. Households that rent pay about 9.80% of their income on rent here. 62649’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.
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Zip Codes with Similar Populations
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