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Crestwood village, IL

ZIP 60418 — Housing & Real Estate

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

Middle Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60418

Median Home Value
$187,600
Median Rent
$1,115
Affordability Snapshot
$52,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,205/mo PITI).

19%
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.

14.0 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 60418 in Crestwood village, IL, a household would need roughly $52,000 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 $1,205. That sits below the local median household income ($69,237), 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
77.2%+18% vs US avg
x
Vacancy Rate
5.9%-43% vs US avg
x
Broadband Access
91.7%+5% vs US avg
x
4+ Bedrooms
1.3%-91% vs US avg
x
Built Pre-1939
1.8%-86% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
27.9%-44% vs US avg
x
Mortgage-Free
42.9%+12% vs US avg
x
$187,600
Home Value
$1,115
Rent
1975
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 detached42.3%
  • 1-unit attached1.4%
  • 2-9 units24.1%
  • 10+ units32.2%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$187,600
Median rent$1,115
Owner-occupied77.2%
Vacant5.9%
Price-to-income2.7x
Est. income to buy$52,000