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Lee village, IL

ZIP 60530 — 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 60530

Median Home Value
$275,900
Median Rent
$704
Affordability Snapshot
$76,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,772/mo PITI).

10%
Rent-to-Income Ratio

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

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

32.7 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 60530 in Lee village, IL, a household would need roughly $76,000 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 $1,772. That sits below the local median household income ($85,833), 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
86.2%+32% vs US avg
x
Vacancy Rate
2.5%-76% vs US avg
x
Broadband Access
95.7%+10% vs US avg
x
4+ Bedrooms
15.6%+5% vs US avg
x
Built Pre-1939
11.3%-12% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
18.4%-63% vs US avg
x
Mortgage-Free
27.3%-29% vs US avg
x
$275,900
Home Value
$704
Rent
1947
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

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

  • 1-unit detached97.5%
  • 1-unit attached0.0%
  • 2-9 units2.5%
  • 10+ units0.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$275,900
Median rent$704
Owner-occupied86.2%
Vacant2.5%
Price-to-income3.2x
Est. income to buy$76,000