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These days, finding an affordable place to live in the 62848 area can be challenging. Home prices in 62848 are now at a median cost of $74,600, lower than the Illinois average of $242,002.
The average cost of rent is $745/mo in 62848, primarily driven by the current value of real estate in the 62848 area. While nearly 49.81% of residents own their homes outright in 62848, 14.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62848 is $5,000 per month. Households that rent pay about 14.90% of their income on rent here. 62848's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 62877, IL: higher priced homes
- 62801, IL: higher priced homes
- 62803, IL: higher priced homes
- 62893, IL: higher priced homes
- 62808, IL: higher priced homes
- 62898, IL: higher priced homes
- 62250, IL: higher priced homes
- 62830, IL: higher priced homes
- 62263, IL: higher priced homes
- 62853, IL: higher priced homes
Zip Codes with Similar Populations
- 93450, CA: higher priced homes
- 20630, MD: higher priced homes
- 21607, MD: higher priced homes
- 22436, VA: higher priced homes
- 23691, VA: higher priced homes
- 32449, FL: equally priced homes
- 84723, UT: higher priced homes
- 84758, UT: higher priced homes
- 89046, NV: equally priced homes
- 03817, NH: higher priced homes
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