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Affordable
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These days, finding an affordable place to live in the 62927 area can be challenging. Home prices in 62927 are now at a median cost of $94,100, lower than the Illinois average of $300,242.
The average cost of rent is $1,125/mo in 62927, primarily driven by the current value of real estate in the 62927 area. In 62927, 11.89% of households rent, and 48.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62927 is $4,497 per month. Households that rent pay about 25.02% of their income on rent here. 62927’s most expensive areas are in the central 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
- 62932, IL: less expensive homes
- 62832, IL: higher priced homes
- 62994, IL: higher priced homes
- 62983, IL: less expensive homes
- 62924, IL: higher priced homes
- 62865, IL: higher priced homes
- 62949, IL: less expensive homes
- 62825, IL: higher priced homes
- 62822, IL: less expensive homes
- 62999, IL: less expensive homes
Zip Codes with Similar Populations
- 64480, MO: higher priced homes
- 59756, MT: higher priced homes
- 59914, MT: higher priced homes
- 60109, IL: higher priced homes
- 60946, IL: higher priced homes
- 60968, IL: higher priced homes
- 61333, IL: higher priced homes
- 61344, IL: higher priced homes
- 61451, IL: higher priced homes
- 62273, IL: higher priced homes
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