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These days, finding an affordable place to live in the 62846 area can be challenging. Home prices in 62846 are now at a median cost of $78,894, lower than the Illinois average of $242,002.
The average cost of rent is $621/mo in 62846, primarily driven by the current value of real estate in the 62846 area. While nearly 53.89% of residents own their homes outright in 62846, 28.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62846 is $4,573 per month. Households that rent pay about 13.58% of their income on rent here. 62846's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 62897, IL: higher priced homes
- 62816, IL: equally priced homes
- 62836, IL: higher priced homes
- 62884, IL: equally priced homes
- 62894, IL: higher priced homes
- 62810, IL: higher priced homes
- 62812, IL: equally priced homes
- 62872, IL: higher priced homes
- 62883, IL: higher priced homes
- 62891, IL: less expensive homes
Zip Codes with Similar Populations
- 47527, IN: higher priced homes
- 72840, AR: higher priced homes
- 73048, OK: higher priced homes
- 72642, AR: higher priced homes
- 72619, AR: higher priced homes
- 68832, NE: higher priced homes
- 67864, KS: higher priced homes
- 64482, MO: higher priced homes
- 63967, MO: higher priced homes
- 59254, MT: higher priced homes
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