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Affordable
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These days, finding an affordable place to live in the 62693 area can be challenging. Home prices in 62693 are now at a median cost of $219,723, lower than the Illinois average of $300,242.
The average cost of rent is $940/mo in 62693, primarily driven by the current value of real estate in the 62693 area. In 62693, 10.76% of households rent, and 32.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62693 is $9,316 per month. Households that rent pay about 10.09% of their income on rent here. 62693’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern 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
- 62684, IL: higher priced homes
- 62634, IL: less expensive homes
- 62561, IL: less expensive homes
- 62519, IL: less expensive homes
- 62707, IL: less expensive homes
- 62625, IL: higher priced homes
- 62613, IL: equally priced homes
- 62666, IL: less expensive homes
- 62520, IL: equally priced homes
- 62515, IL: less expensive homes
Zip Codes with Similar Populations
- 12116, NY: less expensive homes
- 12747, NY: higher priced homes
- 54644, WI: higher priced homes
- 68527, NE: higher priced homes
- 67146, KS: less expensive homes
- 66451, KS: less expensive homes
- 65053, MO: equally priced homes
- 65035, MO: higher priced homes
- 63351, MO: higher priced homes
- 56017, MN: higher priced homes
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