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Affordable
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These days, finding an affordable place to live in the 62712 area can be challenging. Home prices in 62712 are now at a median cost of $265,438, lower than the Illinois average of $300,242.
The average cost of rent is $1,166/mo in 62712, primarily driven by the current value of real estate in the 62712 area. In 62712, 12.40% of households rent, and 43.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62712 is $9,470 per month. Households that rent pay about 12.31% of their income on rent here. 62712’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western 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
- 62703, IL: less expensive homes
- 62563, IL: equally priced homes
- 62701, IL: less expensive homes
- 62704, IL: less expensive homes
- 62702, IL: less expensive homes
- 62629, IL: equally priced homes
- 62711, IL: higher priced homes
- 62707, IL: less expensive homes
- 62536, IL: higher priced homes
- 62561, IL: less expensive homes
Zip Codes with Similar Populations
- 02631, MA: higher priced homes
- 02645, MA: higher priced homes
- 06883, CT: higher priced homes
- 07034, NJ: higher priced homes
- 07045, NJ: higher priced homes
- 10005, NY: higher priced homes
- 11771, NY: higher priced homes
- 12210, NY: less expensive homes
- 71459, LA: less expensive homes
- 61354, IL: less expensive homes
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