
Affordable
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These days, finding an affordable place to live in the Bement area can be challenging. Home prices in Bement are now at a median cost of $109,922, lower than the Illinois average of $300,242.
The average cost of rent is $825/mo in Bement, primarily driven by the current value of real estate in the Bement area. In Bement, 17.17% of households rent, and 47.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bement is $6,720 per month. Households that rent pay about 12.28% of their income on rent here. Bement’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
- Bodman, IL: equally priced homes
- Voorhies, IL: equally priced homes
- Milmine, IL: higher priced homes
- Ivesdale, IL: higher priced homes
- Monticello, IL: higher priced homes
- Hammond, IL: equally priced homes
- Cerro Gordo, IL: equally priced homes
- Cisco, IL: higher priced homes
- Lintner, IL: less expensive homes
- Pierson, IL: higher priced homes
Cities with Similar Populations
- Clarks Hill, SC: higher priced homes
- Fairdale, WV: higher priced homes
- Plainview, NE: higher priced homes
- Woodland, MI: higher priced homes
- Grand Coteau, LA: higher priced homes
- Hancock, WI: higher priced homes
- Hinton, IA: higher priced homes
- Jacobsburg, OH: higher priced homes
- Kuhn Station, IL: higher priced homes
- Lambert, MS: less expensive homes
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