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Affordable
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These days, finding an affordable place to live in the Annawan area can be challenging. Home prices in Annawan are now at a median cost of $148,415, lower than the Illinois average of $300,242.
The average cost of rent is $626/mo in Annawan, primarily driven by the current value of real estate in the Annawan area. In Annawan, 21.05% of households rent, and 51.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Annawan is $6,068 per month. Households that rent pay about 10.31% of their income on rent here. Annawan’s most expensive areas are in the western 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
- Mineral, IL: higher priced homes
- Atkinson, IL: higher priced homes
- Thomas, IL: higher priced homes
- Hooppole, IL: equally priced homes
- Neponset, IL: less expensive homes
- Sheffield, IL: less expensive homes
- Osceola, IL: less expensive homes
- Kewanee, IL: less expensive homes
- Yorktown, IL: higher priced homes
- New Bedford, IL: less expensive homes
Cities with Similar Populations
- Hospah, NM: less expensive homes
- Lake George, CO: higher priced homes
- Sanish, ND: higher priced homes
- Grannis, AR: less expensive homes
- Dietrich, ID: higher priced homes
- Dorris, CA: higher priced homes
- East Marion, NY: higher priced homes
- Palmyra, IL: less expensive homes
- Fairfax, MO: less expensive homes
- Lenzburg, IL: higher priced homes
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