The Most Affordable Neighborhoods in Albers, IL by Home Value

 

Albers, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Albers area can be challenging. Home prices in Albers are now at a median cost of $179,495, lower than the Illinois average of $242,002.

The average cost of rent is $1,045/mo in Albers, primarily driven by the current value of real estate in the Albers area. While nearly 36.26% of residents own their homes outright in Albers, 14.63% rent.

Housing affordability isn’t just about home prices, though. The average household income in Albers is $8,407 per month. Households that rent pay about 12.43% of their income on rent here. Albers's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.


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