Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Assumption area can be challenging. Home prices in Assumption are now at a median cost of $105,371, lower than the Illinois average of $300,242.
The average cost of rent is $653/mo in Assumption, primarily driven by the current value of real estate in the Assumption area. In Assumption, 33.76% of households rent, and 42.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Assumption is $4,880 per month. Households that rent pay about 13.39% of their income on rent here. Assumption’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Radford, IL: higher priced homes
- Moweaqua, IL: higher priced homes
- Millersville, IL: higher priced homes
- Obed, IL: higher priced homes
- Yantisville, IL: higher priced homes
- Pana, IL: equally priced homes
- Henton, IL: higher priced homes
- Owaneco, IL: higher priced homes
- Willeys, IL: higher priced homes
- Tower Hill, IL: higher priced homes
Cities with Similar Populations
- Claudville, VA: higher priced homes
- Braggs, OK: higher priced homes
- Van Buren, MO: higher priced homes
- Shawneetown, IL: less expensive homes
- Prewitt, NM: less expensive homes
- Trail, OR: higher priced homes
- Standing Rock, NM: less expensive homes
- Drakes Branch, VA: higher priced homes
- Clarissa, MN: higher priced homes
- Clermont, IN: higher priced homes
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