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Lansing village, IL

ZIP 60438 — 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 60438

Median Home Value
$168,600
Median Rent
$1,150
Affordability Snapshot
$46,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,083/mo PITI).

19%
Rent-to-Income Ratio

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

2.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

12.2 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 60438 in Lansing village, IL, a household would need roughly $46,000 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 $1,083. That sits below the local median household income ($72,043), 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
70.2%+7% vs US avg
x
Vacancy Rate
7.6%-26% vs US avg
x
Broadband Access
92.4%+6% vs US avg
x
4+ Bedrooms
2.9%-81% vs US avg
x
Built Pre-1939
8.0%-38% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
26.2%-47% vs US avg
x
Mortgage-Free
30.9%-19% vs US avg
x
$168,600
Home Value
$1,150
Rent
1966
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 detached71.7%
  • 1-unit attached2.4%
  • 2-9 units12.4%
  • 10+ units12.1%
  • Mobile home & other1.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$168,600
Median rent$1,150
Owner-occupied70.2%
Vacant7.6%
Price-to-income2.3x
Est. income to buy$46,000