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Affordable
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These days, finding an affordable place to live in the 62918 area can be challenging. Home prices in 62918 are now at a median cost of $227,111, lower than the Illinois average of $300,242.
The average cost of rent is $944/mo in 62918, primarily driven by the current value of real estate in the 62918 area. In 62918, 38.77% of households rent, and 35.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62918 is $6,436 per month. Households that rent pay about 14.67% of their income on rent here. 62918’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern 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
- 62915, IL: less expensive homes
- 62921, IL: less expensive homes
- 62933, IL: less expensive homes
- 62948, IL: less expensive homes
- 62949, IL: less expensive homes
- 62902, IL: equally priced homes
- 62924, IL: less expensive homes
- 62901, IL: less expensive homes
- 62841, IL: less expensive homes
- 62983, IL: less expensive homes
Zip Codes with Similar Populations
- 99603, AK: higher priced homes
- 78408, TX: less expensive homes
- 78721, TX: higher priced homes
- 86503, AZ: less expensive homes
- 90293, CA: higher priced homes
- 93108, CA: higher priced homes
- 98528, WA: higher priced homes
- 11596, NY: higher priced homes
- 10536, NY: higher priced homes
- 08835, NJ: higher priced homes
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