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Affordable
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These days, finding an affordable place to live in the 62818 area can be challenging. Home prices in 62818 are now at a median cost of $124,199, lower than the Illinois average of $300,242.
The average cost of rent is $943/mo in 62818, primarily driven by the current value of real estate in the 62818 area. In 62818, 17.05% of households rent, and 68.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62818 is $5,236 per month. Households that rent pay about 18.02% of their income on rent here. 62818’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern 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
- 62811, IL: less expensive homes
- 62806, IL: less expensive homes
- 62815, IL: equally priced homes
- 62852, IL: less expensive homes
- 62844, IL: less expensive homes
- 62833, IL: equally priced homes
- 62863, IL: equally priced homes
- 47616, IN: equally priced homes
- 62843, IL: less expensive homes
- 47665, IN: higher priced homes
Zip Codes with Similar Populations
- 04003, ME: higher priced homes
- 96015, CA: higher priced homes
- 13441, NY: higher priced homes
- 13360, NY: higher priced homes
- 12819, NY: higher priced homes
- 12808, NY: higher priced homes
- 12574, NY: higher priced homes
- 12422, NY: higher priced homes
- 12042, NY: higher priced homes
- 07979, NJ: higher priced homes
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