Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Andover area can be challenging. Home prices in Andover are now at a median cost of $121,310, lower than the Illinois average of $242,002.
The average cost of rent is $791/mo in Andover, primarily driven by the current value of real estate in the Andover area. While nearly 48.16% of residents own their homes outright in Andover, 14.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Andover is $5,253 per month. Households that rent pay about 15.06% of their income on rent here. Andover's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Swedona, IL: higher priced homes
- Ulah, IL: less expensive homes
- Osco, IL: higher priced homes
- Cambridge, IL: equally priced homes
- Lynn Center, IL: higher priced homes
- Orion, IL: higher priced homes
- Opheim, IL: higher priced homes
- Warner, IL: higher priced homes
- Woodhull, IL: equally priced homes
- Alpha, IL: equally priced homes
Cities with Similar Populations
- Lenapah, OK: less expensive homes
- Butte Falls, OR: higher priced homes
- Meta, KY: less expensive homes
- Glen Daniel, WV: less expensive homes
- Ruggles, OH: higher priced homes
- Denver, NY: higher priced homes
- Goodwill, LA: less expensive homes
- Mount Carmel, MS: less expensive homes
- Hammett, ID: higher priced homes
- Somerville, IN: equally priced homes
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