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Riverdale village, IL

ZIP 60827 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60827

Median Home Value
$123,800
Median Rent
$905
Affordability Snapshot
$34,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$795/mo PITI).

29%
Rent-to-Income Ratio

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

3.3x
Home Price-to-Income Ratio

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

11.4 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 60827 in Riverdale village, IL, a household would need roughly $34,000 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 $795. That is roughly in line with the local median household income ($37,648). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 18% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
41.3%-37% vs US avg
x
Vacancy Rate
18.4%+78% vs US avg
x
Broadband Access
88.1%+1% vs US avg
x
4+ Bedrooms
0.5%-97% vs US avg
x
Built Pre-1939
17.5%+37% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
30.2%-39% vs US avg
x
Mortgage-Free
35.4%-7% vs US avg
x
$123,800
Home Value
$905
Rent
1956
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached46.9%
  • 1-unit attached16.7%
  • 2-9 units24.4%
  • 10+ units10.9%
  • Mobile home & other1.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$123,800
Median rent$905
Owner-occupied41.3%
Vacant18.4%
Price-to-income3.3x
Est. income to buy$34,000