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These days, finding an affordable place to live in the 62886 area can be challenging. Home prices in 62886 are now at a median cost of $86,950, lower than the Illinois average of $242,002.
The average cost of rent is $499/mo in 62886, primarily driven by the current value of real estate in the 62886 area. While nearly 67.60% of residents own their homes outright in 62886, 21.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62886 is $4,463 per month. Households that rent pay about 11.17% of their income on rent here. 62886's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 62895, IL: higher priced homes
- 62851, IL: higher priced homes
- 62842, IL: equally priced homes
- 62837, IL: equally priced homes
- 62814, IL: equally priced homes
- 62809, IL: higher priced homes
- 62862, IL: less expensive homes
- 62810, IL: equally priced homes
- 62872, IL: higher priced homes
- 62889, IL: higher priced homes
Zip Codes with Similar Populations
- 08032, NJ: higher priced homes
- 13345, NY: higher priced homes
- 04685, ME: higher priced homes
- 62089, IL: less expensive homes
- 65778, MO: higher priced homes
- 64431, MO: equally priced homes
- 63541, MO: equally priced homes
- 63345, MO: equally priced homes
- 62851, IL: higher priced homes
- 62091, IL: higher priced homes
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