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These days, finding an affordable place to live in the 62901 area can be challenging. Home prices in 62901 are now at a median cost of $149,071, lower than the Illinois average of $242,002.
The average cost of rent is $840/mo in 62901, primarily driven by the current value of real estate in the 62901 area. While nearly 54.61% of residents own their homes outright in 62901, 62.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62901 is $3,592 per month. Households that rent pay about 23.39% of their income on rent here. 62901's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 62903, IL: less expensive homes
- 62902, IL: higher priced homes
- 62958, IL: equally priced homes
- 62924, IL: less expensive homes
- 62915, IL: less expensive homes
- 62966, IL: less expensive homes
- 62918, IL: equally priced homes
- 62949, IL: less expensive homes
- 62921, IL: less expensive homes
- 62975, IL: equally priced homes
Zip Codes with Similar Populations
- 98112, WA: higher priced homes
- 14227, NY: equally priced homes
- 17356, PA: higher priced homes
- 29020, SC: higher priced homes
- 32836, FL: higher priced homes
- 77632, TX: equally priced homes
- 48346, MI: higher priced homes
- 00667, PR: less expensive homes
- 52403, IA: higher priced homes
- 52803, IA: less expensive homes
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