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These days, finding an affordable place to live in the 62887 area can be challenging. Home prices in 62887 are now at a median cost of $60,606, lower than the Illinois average of $242,002.
The average cost of rent is $657/mo in 62887, primarily driven by the current value of real estate in the 62887 area. While nearly 70.97% of residents own their homes outright in 62887, 13.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62887 is $4,418 per month. Households that rent pay about 14.87% of their income on rent here. 62887's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 62862, IL: equally priced homes
- 62835, IL: higher priced homes
- 62809, IL: higher priced homes
- 62820, IL: equally priced homes
- 62859, IL: higher priced homes
- 62821, IL: higher priced homes
- 62828, IL: higher priced homes
- 62827, IL: higher priced homes
- 62861, IL: higher priced homes
- 62844, IL: higher priced homes
Zip Codes with Similar Populations
- 29932, SC: higher priced homes
- 88351, NM: higher priced homes
- 89402, NV: higher priced homes
- 89412, NV: higher priced homes
- 90073, CA: higher priced homes
- 95232, CA: higher priced homes
- 95537, CA: higher priced homes
- 96054, CA: higher priced homes
- 97369, OR: higher priced homes
- 97906, OR: higher priced homes
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