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Affordable
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These days, finding an affordable place to live in the Broadlands area can be challenging. Home prices in Broadlands are now at a median cost of $216,194, lower than the Illinois average of $300,242.
The average cost of rent is $879/mo in Broadlands, primarily driven by the current value of real estate in the Broadlands area. In Broadlands, 10.16% of households rent, and 66.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Broadlands is $8,540 per month. Households that rent pay about 10.29% of their income on rent here. Broadlands’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Allerton, IL: equally priced homes
- Longview, IL: equally priced homes
- Palermo, IL: less expensive homes
- Sidney, IL: equally priced homes
- Newman, IL: less expensive homes
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- Philo, IL: higher priced homes
Cities with Similar Populations
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- Santiago, MN: higher priced homes
- Extra, WV: less expensive homes
- Barclay, MD: higher priced homes
- Wood Springs, TX: less expensive homes
- Marshall, AK: less expensive homes
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