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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 $124,709, lower than the Illinois average of $300,242.
The average cost of rent is $538/mo in 62846, primarily driven by the current value of real estate in the 62846 area. In 62846, 23.04% of households rent, and 59.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62846 is $6,019 per month. Households that rent pay about 8.93% of their income on rent here. 62846’s most expensive areas are in the central regions, while the cheapest areas are in the eastern 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
- 62897, IL: higher priced homes
- 62816, IL: less expensive homes
- 62836, IL: higher priced homes
- 62884, IL: less expensive homes
- 62894, IL: higher priced homes
- 62810, IL: less expensive homes
- 62812, IL: less expensive homes
- 62872, IL: equally priced homes
- 62883, IL: higher priced homes
- 62891, IL: less expensive homes
Zip Codes with Similar Populations
- 47527, IN: higher priced homes
- 72840, AR: less expensive 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: equally priced homes
- 63967, MO: higher priced homes
- 59254, MT: higher priced homes
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