
Home Price Key
These days, finding an affordable place to live in the Alvan area can be challenging. Home prices in Alvan are now at a median cost of $87,500, lower than the Illinois average of $242,002.
The average cost of rent is $788/mo in Alvan, primarily driven by the current value of real estate in the Alvan area. While nearly 49.20% of residents own their homes outright in Alvan, 23.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alvan is $4,792 per month. Households that rent pay about 16.45% of their income on rent here. Alvan's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Alvin, IL: higher priced homes
- Bismarck, IL: higher priced homes
- Henning, IL: higher priced homes
- Hedrick, IN: equally priced homes
- Rossville, IL: equally priced homes
- Jamesburg, IL: higher priced homes
- Higginsville, IL: higher priced homes
- Stewart, IN: less expensive homes
- State Line City, IN: higher priced homes
- Johnsonville, IN: higher priced homes
Cities with Similar Populations
- Chapman, PA: higher priced homes
- Gibbstown, LA: higher priced homes
- Lowman, ID: higher priced homes
- Eckerman, MI: higher priced homes
- Klukwan, AK: higher priced homes
- Grand Chenier, LA: higher priced homes
- Salmon Prairie, MT: higher priced homes
- Salado, AZ: higher priced homes
- Lido Beach, NY: higher priced homes
- Mantador, ND: higher priced homes
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