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

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 $67,300, lower than the Illinois average of $300,242.

The average cost of rent is $638/mo in Alexander County, primarily driven by the current value of real estate in the Alexander County area. In Alexander County, 22.43% of households rent, and 70.72% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Alexander County is $4,391 per month. Households that rent pay about 14.54% of their income on rent here. Alexander County’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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