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These days, finding an affordable place to live in the 62704 area can be challenging. Home prices in 62704 are now at a median cost of $133,281, lower than the Illinois average of $242,002.
The average cost of rent is $865/mo in 62704, primarily driven by the current value of real estate in the 62704 area. While nearly 40.88% of residents own their homes outright in 62704, 41.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62704 is $5,434 per month. Households that rent pay about 15.92% of their income on rent here. 62704's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 62701, IL: less expensive homes
- 62711, IL: higher priced homes
- 62703, IL: less expensive homes
- 62702, IL: less expensive homes
- 62712, IL: higher priced homes
- 62707, IL: less expensive homes
- 62629, IL: higher priced homes
- 62563, IL: higher priced homes
- 62684, IL: higher priced homes
- 62561, IL: equally priced homes
Zip Codes with Similar Populations
- 29710, SC: higher priced homes
- 78626, TX: higher priced homes
- 79763, TX: less expensive homes
- 34203, FL: higher priced homes
- 33624, FL: higher priced homes
- 33619, FL: higher priced homes
- 80920, CO: higher priced homes
- 33071, FL: higher priced homes
- 32780, FL: higher priced homes
- 84037, UT: higher priced homes
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