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These days, finding an affordable place to live in the Alvin area can be challenging. Home prices in Alvin are now at a median cost of $135,166, lower than the Illinois average of $300,242.
The average cost of rent is $899/mo in Alvin, primarily driven by the current value of real estate in the Alvin area. In Alvin, 18.21% of households rent, and 54.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alvin is $7,159 per month. Households that rent pay about 12.56% of their income on rent here. Alvin’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Alvan, IL: less expensive homes
- Bismarck, IL: higher priced homes
- Henning, IL: equally priced homes
- Hedrick, IN: equally priced homes
- Jamesburg, IL: higher priced homes
- Rossville, IL: less expensive homes
- Higginsville, IL: higher priced homes
- State Line City, IN: higher priced homes
- Johnsonville, IN: higher priced homes
- Danville, IL: less expensive homes
Cities with Similar Populations
- Boys Ranch, TX: higher priced homes
- Ledger, MT: higher priced homes
- Plum Tree, VA: higher priced homes
- Rafter, TN: higher priced homes
- Orderville, UT: higher priced homes
- Marathon, TX: higher priced homes
- Chatfield, TX: less expensive homes
- Loysburg, PA: higher priced homes
- Taylorstown, PA: higher priced homes
- Halltown, MO: higher priced homes
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