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These days, finding an affordable place to live in the 62702 area can be challenging. Home prices in 62702 are now at a median cost of $87,883, lower than the Illinois average of $242,002.
The average cost of rent is $847/mo in 62702, primarily driven by the current value of real estate in the 62702 area. While nearly 50.77% of residents own their homes outright in 62702, 35.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62702 is $4,380 per month. Households that rent pay about 19.34% of their income on rent here. 62702's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 62701, IL: equally priced homes
- 62707, IL: higher priced homes
- 62704, IL: higher priced homes
- 62703, IL: equally priced homes
- 62711, IL: higher priced homes
- 62684, IL: higher priced homes
- 62712, IL: higher priced homes
- 62561, IL: higher priced homes
- 62625, IL: higher priced homes
- 62563, IL: higher priced homes
Zip Codes with Similar Populations
- 29577, SC: higher priced homes
- 86442, AZ: higher priced homes
- 80138, CO: higher priced homes
- 93001, CA: higher priced homes
- 78602, TX: higher priced homes
- 28056, NC: higher priced homes
- 98445, WA: higher priced homes
- 97304, OR: higher priced homes
- 92131, CA: higher priced homes
- 83706, ID: higher priced homes
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