Expensive
Affordable
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These days, finding an affordable place to live in the Armstrong area can be challenging. Home prices in Armstrong are now at a median cost of $164,564, lower than the Illinois average of $300,242.
The average cost of rent is $988/mo in Armstrong, primarily driven by the current value of real estate in the Armstrong area. In Armstrong, 14.31% of households rent, and 46.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Armstrong is $7,482 per month. Households that rent pay about 13.21% of their income on rent here. Armstrong’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Potomac, IL: less expensive homes
- Penfield, IL: less expensive homes
- Hope, IL: less expensive homes
- Collison, IL: equally priced homes
- Reilly, IL: equally priced homes
- Gifford, IL: equally priced homes
- Jamesburg, IL: higher priced homes
- Royal, IL: higher priced homes
- Higginsville, IL: equally priced homes
- Henning, IL: less expensive homes
Cities with Similar Populations
- Poole, LA: higher priced homes
- North Holston, VA: less expensive homes
- Pine Tree Corners, DE: higher priced homes
- Hyannis, NE: less expensive homes
- Plano, IN: higher priced homes
- Verona, ND: higher priced homes
- Four Corners, WY: higher priced homes
- Massbach, IL: equally priced homes
- Big Laurel, KY: less expensive homes
- Ogletown, PA: equally priced homes
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