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These days, finding an affordable place to live in the 62827 area can be challenging. Home prices in 62827 are now at a median cost of $91,751, lower than the Illinois average of $242,002.
The average cost of rent is $456/mo in 62827, primarily driven by the current value of real estate in the 62827 area. While nearly 64.48% of residents own their homes outright in 62827, 22.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62827 is $4,819 per month. Households that rent pay about 9.45% of their income on rent here. 62827's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 62844, IL: less expensive homes
- 47616, IN: higher priced homes
- 62821, IL: higher priced homes
- 47631, IN: higher priced homes
- 62861, IL: higher priced homes
- 62820, IL: less expensive homes
- 47633, IN: higher priced homes
- 62862, IL: less expensive homes
- 62835, IL: higher priced homes
- 62887, IL: less expensive homes
Zip Codes with Similar Populations
- 47980, IN: higher priced homes
- 76525, TX: higher priced homes
- 74957, OK: higher priced homes
- 74570, OK: equally priced homes
- 74553, OK: equally priced homes
- 73546, OK: less expensive homes
- 50680, IA: equally priced homes
- 49268, MI: higher priced homes
- 47991, IN: equally priced homes
- 76599, TX: higher priced homes
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