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These days, finding an affordable place to live in the 62824 area can be challenging. Home prices in 62824 are now at a median cost of $104,024, lower than the Illinois average of $242,002.
The average cost of rent is $552/mo in 62824, primarily driven by the current value of real estate in the 62824 area. While nearly 52.79% of residents own their homes outright in 62824, 18.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62824 is $5,127 per month. Households that rent pay about 10.76% of their income on rent here. 62824's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 62879, IL: higher priced homes
- 62868, IL: less expensive homes
- 62839, IL: equally priced homes
- 62878, IL: higher priced homes
- 62858, IL: less expensive homes
- 62823, IL: equally priced homes
- 62446, IL: equally priced homes
- 62450, IL: equally priced homes
- 62899, IL: higher priced homes
- 62850, IL: higher priced homes
Zip Codes with Similar Populations
- 55335, MN: higher priced homes
- 62854, IL: equally priced homes
- 61913, IL: higher priced homes
- 61415, IL: equally priced homes
- 61369, IL: equally priced homes
- 60963, IL: less expensive homes
- 59925, MT: higher priced homes
- 59858, MT: higher priced homes
- 59645, MT: higher priced homes
- 58367, ND: equally priced homes
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