The Most and Least Expensive Areas to Rent in 62883, IL

62883 renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.

 

62883, IL of rent costs by neighborhood
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On average, the cost of rent in 62883 is about $650 per month. This puts it in the 18th percentile compared to the state average cost of rent, which is $1,235. Households in 62883 have a median income of $5,392 per month so the average renter in 62883 is spending roughly 12% of their earnings on housing.

Nationally, and in 62883, home values are the data point most closely correlated with the cost of rent. The median price of a home in 62883 is $119,658 right now, which is higher than nearby zip codes, meaning that rents in 62883 also tend to be higher versus these nearby zip codes.

Higher rent prices are common in the western parts of 62883 while lower rent rates are often available in eastern areas.

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