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Affordable
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These days, finding an affordable place to live in the 62711 area can be challenging. Home prices in 62711 are now at a median cost of $312,898, higher than the Illinois average of $300,242.
The average cost of rent is $1,326/mo in 62711, primarily driven by the current value of real estate in the 62711 area. In 62711, 21.23% of households rent, and 37.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62711 is $10,844 per month. Households that rent pay about 12.23% of their income on rent here. 62711’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern 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
- 62704, IL: less expensive homes
- 62701, IL: less expensive homes
- 62703, IL: less expensive homes
- 62702, IL: less expensive homes
- 62629, IL: less expensive homes
- 62712, IL: less expensive homes
- 62707, IL: less expensive homes
- 62670, IL: less expensive homes
- 62661, IL: less expensive homes
- 62677, IL: less expensive homes
Zip Codes with Similar Populations
- 97239, OR: higher priced homes
- 71909, AR: less expensive homes
- 79360, TX: less expensive homes
- 89027, NV: higher priced homes
- 91901, CA: higher priced homes
- 97215, OR: higher priced homes
- 19054, PA: higher priced homes
- 17025, PA: less expensive homes
- 14559, NY: less expensive homes
- 08840, NJ: higher priced homes
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