Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Alma area can be challenging. Home prices in Alma are now at a median cost of $115,752, lower than the Illinois average of $242,002.
The average cost of rent is $538/mo in Alma, primarily driven by the current value of real estate in the Alma area. While nearly 35.95% of residents own their homes outright in Alma, 7.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alma is $5,635 per month. Households that rent pay about 9.55% of their income on rent here. Alma's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Tonti, IL: higher priced homes
- Brubaker, IL: equally priced homes
- Kinmundy, IL: less expensive homes
- Vernon, IL: higher priced homes
- Salem, IL: less expensive homes
- Patoka, IL: less expensive homes
- Omega, IL: higher priced homes
- St. Peter, IL: equally priced homes
- Selmaville, IL: less expensive homes
- Odin, IL: less expensive homes
Cities with Similar Populations
- Mexican Hat, UT: less expensive homes
- Organ, NM: less expensive homes
- Alta Vista, KS: equally priced homes
- Grenloch, NJ: higher priced homes
- Arrey, NM: higher priced homes
- Ashley, ND: less expensive homes
- Bairdford, PA: higher priced homes
- Westover, PA: less expensive homes
- Greenfield, PA: higher priced homes
- Deal Island, MD: higher priced homes
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