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Godfrey village, IL

ZIP 62035 — 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 62035

Median Home Value
$179,900
Median Rent
$880
Affordability Snapshot
$50,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,156/mo PITI).

12%
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.

17.0 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 62035 in Godfrey village, IL, a household would need roughly $50,000 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 $1,156. That sits below the local median household income ($91,696), 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
84.8%+30% vs US avg
x
Vacancy Rate
7.3%-30% vs US avg
x
Broadband Access
90.0%+3% vs US avg
x
4+ Bedrooms
2.7%-81% vs US avg
x
Built Pre-1939
3.5%-72% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
20.7%-58% vs US avg
x
Mortgage-Free
45.3%+19% vs US avg
x
$179,900
Home Value
$880
Rent
1976
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached83.6%
  • 1-unit attached3.4%
  • 2-9 units7.9%
  • 10+ units2.4%
  • Mobile home & other2.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$179,900
Median rent$880
Owner-occupied84.8%
Vacant7.3%
Price-to-income2.0x
Est. income to buy$50,000