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These days, finding an affordable place to live in the Broadwell area can be challenging. Home prices in Broadwell are now at a median cost of $174,000, lower than the Illinois average of $300,242.
The average cost of rent is $773/mo in Broadwell, primarily driven by the current value of real estate in the Broadwell area. In Broadwell, 19.68% of households rent, and 54.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Broadwell is $7,717 per month. Households that rent pay about 10.02% of their income on rent here. Broadwell’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Elkhart, IL: equally priced homes
- Middletown, IL: less expensive homes
- Lincoln, IL: less expensive homes
- Lake Fork, IL: less expensive homes
- Mount Pulaski, IL: less expensive homes
- Cornland, IL: less expensive homes
- Williamsville, IL: higher priced homes
- New Holland, IL: less expensive homes
- Fancy Prairie, IL: higher priced homes
- Hubly, IL: less expensive homes
Cities with Similar Populations
- Harborton, VA: higher priced homes
- Hollywood, MS: higher priced homes
- Holland, IL: less expensive homes
- Snufftown, NY: higher priced homes
- Holcut, MS: equally priced homes
- Solano, NM: equally priced homes
- Somerset, CO: higher priced homes
- Heglar, ID: higher priced homes
- Spafford, NY: higher priced homes
- Haylow, GA: less expensive homes
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