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Alsip village, IL

ZIP 60803 — 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 60803

Median Home Value
$200,600
Median Rent
$1,043
Affordability Snapshot
$55,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,289/mo PITI).

19%
Rent-to-Income Ratio

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

3.0x
Home Price-to-Income Ratio

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

16.0 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 60803 in Alsip village, IL, a household would need roughly $55,000 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 $1,289. That sits below the local median household income ($66,555), 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
67.8%+4% vs US avg
x
Vacancy Rate
3.8%-63% vs US avg
x
Broadband Access
85.7%-1% vs US avg
x
4+ Bedrooms
2.8%-81% vs US avg
x
Built Pre-1939
4.9%-62% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
26.8%-46% vs US avg
x
Mortgage-Free
32.4%-15% vs US avg
x
$200,600
Home Value
$1,043
Rent
1973
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached57.3%
  • 1-unit attached3.8%
  • 2-9 units21.0%
  • 10+ units15.4%
  • Mobile home & other2.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$200,600
Median rent$1,043
Owner-occupied67.8%
Vacant3.8%
Price-to-income3.0x
Est. income to buy$55,000