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Affordable
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These days, finding an affordable place to live in the Alhambra area can be challenging. Home prices in Alhambra are now at a median cost of $214,469, lower than the Illinois average of $300,242.
The average cost of rent is $768/mo in Alhambra, primarily driven by the current value of real estate in the Alhambra area. In Alhambra, 19.48% of households rent, and 45.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alhambra is $7,805 per month. Households that rent pay about 9.84% of their income on rent here. Alhambra’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Kaufman, IL: equally priced homes
- Grantfork, IL: higher priced homes
- Livingston, IL: less expensive homes
- Hamel, IL: higher priced homes
- New Douglas, IL: equally priced homes
- Marine, IL: higher priced homes
- Williamson, IL: equally priced homes
- Fruit, IL: higher priced homes
- Worden, IL: equally priced homes
- Old Ripley, IL: less expensive homes
Cities with Similar Populations
- Loami, IL: less expensive homes
- Turin, GA: higher priced homes
- Flintstone, MD: equally priced homes
- Furnaceville, NY: higher priced homes
- Gerrish, NH: higher priced homes
- Goldvein, VA: higher priced homes
- Hampton Springs, FL: less expensive homes
- Snow Lake Shores, MS: less expensive homes
- Hosford, FL: less expensive homes
- Indian Mills, NJ: higher priced homes
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