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Manhattan village, IL

ZIP 60442 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60442

Median Home Value
$340,100
Median Rent
$1,169
Affordability Snapshot
$94,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,185/mo PITI).

11%
Rent-to-Income Ratio

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

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

24.2 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 60442 in Manhattan village, IL, a household would need roughly $94,000 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 $2,185. That sits below the local median household income ($128,307), 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

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
90.6%+39% vs US avg
x
Vacancy Rate
3.4%-67% vs US avg
x
Broadband Access
96.1%+10% vs US avg
x
4+ Bedrooms
4.1%-73% vs US avg
x
Built Pre-1939
0.8%-94% vs US avg
x
Built Post-2014
2.5%-64% vs US avg
x
Rent Burden >30%
41.8%-16% vs US avg
x
Mortgage-Free
28.2%-26% vs US avg
x
$340,100
Home Value
$1,169
Rent
2001
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached76.3%
  • 1-unit attached17.4%
  • 2-9 units5.0%
  • 10+ units0.0%
  • Mobile home & other1.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$340,100
Median rent$1,169
Owner-occupied90.6%
Vacant3.4%
Price-to-income2.7x
Est. income to buy$94,000