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Affordable
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These days, finding an affordable place to live in the 62833 area can be challenging. Home prices in 62833 are now at a median cost of $117,934, lower than the Illinois average of $300,242.
The average cost of rent is $890/mo in 62833, primarily driven by the current value of real estate in the 62833 area. In 62833, 17.92% of households rent, and 66.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62833 is $5,252 per month. Households that rent pay about 16.95% of their income on rent here. 62833’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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
- 62843, IL: less expensive homes
- 62806, IL: less expensive homes
- 62818, IL: equally priced homes
- 62820, IL: less expensive homes
- 62815, IL: equally priced homes
- 62844, IL: less expensive homes
- 62837, IL: less expensive homes
- 62809, IL: higher priced homes
- 62862, IL: less expensive homes
- 62811, IL: equally priced homes
Zip Codes with Similar Populations
- 89319, NV: higher priced homes
- 04285, ME: higher priced homes
- 12169, NY: higher priced homes
- 42788, KY: higher priced homes
- 08528, NJ: higher priced homes
- 64149, MO: higher priced homes
- 65676, MO: higher priced homes
- 64674, MO: higher priced homes
- 64652, MO: higher priced homes
- 64476, MO: higher priced homes
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