Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 62916 area can be challenging. Home prices in 62916 are now at a median cost of $162,432, lower than the Illinois average of $242,002.
The average cost of rent is $653/mo in 62916, primarily driven by the current value of real estate in the 62916 area. While nearly 52.12% of residents own their homes outright in 62916, 13.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62916 is $5,484 per month. Households that rent pay about 11.90% of their income on rent here. 62916's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 62997, IL: less expensive homes
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- 62994, IL: less expensive homes
- 62233, IL: less expensive homes
- 62259, IL: higher priced homes
- 62274, IL: less expensive homes
Zip Codes with Similar Populations
- 16854, PA: higher priced homes
- 59527, MT: less expensive homes
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- 71375, LA: less expensive homes
- 68780, NE: less expensive homes
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