Home Price Key
Affordable
Average
Expensive
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 $112,375, lower than the Illinois average of $242,002.
The average cost of rent is $867/mo in Alvin, primarily driven by the current value of real estate in the Alvin area. While nearly 53.44% of residents own their homes outright in Alvin, 18.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alvin is $5,890 per month. Households that rent pay about 14.73% of their income on rent here. Alvin's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Alvan, IL: less expensive homes
- Bismarck, IL: equally priced homes
- Henning, IL: equally priced homes
- Hedrick, IN: less expensive 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: equally priced homes
- Chatfield, TX: higher priced homes
- Loysburg, PA: higher priced homes
- Taylorstown, PA: higher priced homes
- Halltown, MO: higher priced homes
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