The Most Affordable Neighborhoods in Alexander County, IL by Home Value

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These days, finding an affordable place to live in the Alexander County area can be challenging. Home prices in Alexander County are now at a median cost of $66,794, lower than the Illinois average of $242,002.

The average cost of rent is $694/mo in Alexander County, primarily driven by the current value of real estate in the Alexander County area. While nearly 58.10% of residents own their homes outright in Alexander County, 24.63% rent.

Housing affordability isn’t just about home prices, though. The average household income in Alexander County is $3,585 per month. Households that rent pay about 19.36% of their income on rent here. Alexander County's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the county.

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