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These days, finding an affordable place to live in the 62898 area can be challenging. Home prices in 62898 are now at a median cost of $157,270, lower than the Illinois average of $300,242.
The average cost of rent is $903/mo in 62898, primarily driven by the current value of real estate in the 62898 area. In 62898, 16.02% of households rent, and 51.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62898 is $6,045 per month. Households that rent pay about 14.94% of their income on rent here. 62898’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central 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
- 62808, IL: less expensive homes
- 62864, IL: less expensive homes
- 62877, IL: less expensive homes
- 62830, IL: equally priced homes
- 62848, IL: less expensive homes
- 62876, IL: less expensive homes
- 62894, IL: equally priced homes
- 62893, IL: less expensive homes
- 62831, IL: less expensive homes
- 62889, IL: equally priced homes
Zip Codes with Similar Populations
- 74002, OK: less expensive homes
- 26851, WV: higher priced homes
- 15479, PA: higher priced homes
- 25253, WV: less expensive homes
- 18656, PA: higher priced homes
- 22952, VA: higher priced homes
- 24328, VA: equally priced homes
- 62888, IL: less expensive homes
- 79096, TX: equally priced homes
- 57732, SD: higher priced homes
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