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These days, finding an affordable place to live in the 62893 area can be challenging. Home prices in 62893 are now at a median cost of $137,641, lower than the Illinois average of $300,242.
The average cost of rent is $792/mo in 62893, primarily driven by the current value of real estate in the 62893 area. In 62893, 12.92% of households rent, and 54.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62893 is $5,891 per month. Households that rent pay about 13.45% of their income on rent here. 62893’s most expensive areas are in the southeastern 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
- 62830, IL: equally priced homes
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Zip Codes with Similar Populations
- 48807, MI: equally priced homes
- 71003, LA: less expensive homes
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