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These days, finding an affordable place to live in the 62844 area can be challenging. Home prices in 62844 are now at a median cost of $71,567, lower than the Illinois average of $242,002.
The average cost of rent is $621/mo in 62844, primarily driven by the current value of real estate in the 62844 area. While nearly 50.18% of residents own their homes outright in 62844, 28.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62844 is $4,820 per month. Households that rent pay about 12.88% of their income on rent here. 62844's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 47616, IN: higher priced homes
- 62827, IL: higher priced homes
- 62818, IL: higher priced homes
- 62806, IL: higher priced homes
- 62852, IL: less expensive homes
- 62811, IL: higher priced homes
- 62833, IL: equally priced homes
- 47631, IN: higher priced homes
- 62843, IL: less expensive homes
- 62820, IL: less expensive homes
Zip Codes with Similar Populations
- 74854, OK: higher priced homes
- 41822, KY: equally priced homes
- 42746, KY: higher priced homes
- 43348, OH: higher priced homes
- 43946, OH: higher priced homes
- 43973, OH: higher priced homes
- 44235, OH: higher priced homes
- 45812, OH: higher priced homes
- 46779, IN: higher priced homes
- 49235, MI: higher priced homes
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