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These days, finding an affordable place to live in the 62877 area can be challenging. Home prices in 62877 are now at a median cost of $130,177, lower than the Illinois average of $300,242.
The average cost of rent is $830/mo in 62877, primarily driven by the current value of real estate in the 62877 area. In 62877, 10.46% of households rent, and 60.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62877 is $5,740 per month. Households that rent pay about 14.45% of their income on rent here. 62877’s most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern 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
- 62848, IL: less expensive homes
- 62808, IL: higher priced homes
- 62803, IL: equally priced homes
- 62876, IL: equally priced homes
- 62898, IL: higher priced homes
- 62893, IL: equally priced homes
- 62831, IL: equally priced homes
- 62263, IL: higher priced homes
- 62830, IL: higher priced homes
- 62894, IL: higher priced homes
Zip Codes with Similar Populations
- 80744, CO: higher priced homes
- 76631, TX: higher priced homes
- 74644, OK: higher priced homes
- 74632, OK: less expensive homes
- 74430, OK: higher priced homes
- 74060, OK: higher priced homes
- 73947, OK: equally priced homes
- 73736, OK: higher priced homes
- 17925, PA: less expensive homes
- 78943, TX: higher priced homes
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