Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Aledo area can be challenging. Home prices in Aledo are now at a median cost of $119,932, lower than the Illinois average of $242,002.
The average cost of rent is $717/mo in Aledo, primarily driven by the current value of real estate in the Aledo area. While nearly 47.16% of residents own their homes outright in Aledo, 39.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Aledo is $4,661 per month. Households that rent pay about 15.39% of their income on rent here. Aledo's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Millersburg, IL: higher priced homes
- Sunbeam, IL: less expensive homes
- Hamlet, IL: higher priced homes
- Joy, IL: less expensive homes
- Burgess, IL: less expensive homes
- Seaton, IL: equally priced homes
- Matherville, IL: equally priced homes
- Viola, IL: less expensive homes
- Reynolds, IL: higher priced homes
- Buffalo Prairie, IL: higher priced homes
Cities with Similar Populations
- Fouke, AR: equally priced homes
- Harrisburg, AR: less expensive homes
- Harmony, PA: higher priced homes
- Shelby, AL: higher priced homes
- Partlow, VA: higher priced homes
- Bristol, VT: higher priced homes
- Goodland, KS: less expensive homes
- Smithton, IL: higher priced homes
- Manistique, MI: equally priced homes
- Geneva, FL: higher priced homes
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