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Affordable
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These days, finding an affordable place to live in the Broadmoor area can be challenging. Home prices in Broadmoor are now at a median cost of $162,445, lower than the Illinois average of $300,242.
The average cost of rent is $798/mo in Broadmoor, primarily driven by the current value of real estate in the Broadmoor area. In Broadmoor, 13.63% of households rent, and 52.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Broadmoor is $6,893 per month. Households that rent pay about 11.58% of their income on rent here. Broadmoor’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bradford, IL: less expensive homes
- Camp Grove, IL: equally priced homes
- Milo, IL: higher priced homes
- Castleton, IL: less expensive homes
- Whitefield, IL: higher priced homes
- Lombardville, IL: less expensive homes
- Saratoga Center, IL: equally priced homes
- Wyoming, IL: less expensive homes
- Speer, IL: equally priced homes
- Stark, IL: less expensive homes
Cities with Similar Populations
- Ward, WV: less expensive homes
- Bairoil, WY: less expensive homes
- Baker, MN: higher priced homes
- McPhersonville, SC: equally priced homes
- McGinty, LA: less expensive homes
- Jeffries, MS: less expensive homes
- Westlake, ID: higher priced homes
- Jelm, WY: higher priced homes
- West Seboeis, ME: higher priced homes
- Halfway, WY: higher priced homes
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