US5.com
  1. Home
  2. States
  3. Illinois
  4. ZIP 60150
  5. Housing & Real Estate
Malta village, IL

ZIP 60150 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60150

Median Home Value
$183,800
Median Rent
$839
Affordability Snapshot
$51,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,181/mo PITI).

11%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

18.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 60150 in Malta village, IL, a household would need roughly $51,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,181. That sits below the local median household income ($92,125), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
70.2%+7% vs US avg
x
Vacancy Rate
3.8%-63% vs US avg
x
Broadband Access
90.5%+4% vs US avg
x
4+ Bedrooms
8.1%-45% vs US avg
x
Built Pre-1939
0.7%-95% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
21.5%-57% vs US avg
x
Mortgage-Free
25.5%-33% vs US avg
x
$183,800
Home Value
$839
Rent
1964
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached78.2%
  • 1-unit attached5.5%
  • 2-9 units6.4%
  • 10+ units9.8%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$183,800
Median rent$839
Owner-occupied70.2%
Vacant3.8%
Price-to-income2.0x
Est. income to buy$51,000