Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Buffalo area can be challenging. Home prices in Buffalo are now at a median cost of $148,972, lower than the Illinois average of $242,002.
The average cost of rent is $921/mo in Buffalo, primarily driven by the current value of real estate in the Buffalo area. While nearly 44.32% of residents own their homes outright in Buffalo, 18.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Buffalo is $5,489 per month. Households that rent pay about 16.77% of their income on rent here. Buffalo's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Lanesville, IL: equally priced homes
- Dawson, IL: higher priced homes
- Mechanicsburg, IL: higher priced homes
- Cornland, IL: less expensive homes
- Riverton, IL: less expensive homes
- Spaulding, IL: higher priced homes
- Roby, IL: higher priced homes
- Illiopolis, IL: less expensive homes
- Clear Lake, IL: less expensive homes
- Lake Fork, IL: less expensive homes
Cities with Similar Populations
- Beatty, NV: less expensive homes
- Adrian, OH: less expensive homes
- Alberhill, CA: higher priced homes
- Yankeetown, FL: higher priced homes
- Lester, SC: less expensive homes
- Alleyton, TX: equally priced homes
- Benton Ridge, OH: less expensive homes
- Willard, WI: higher priced homes
- Toronto, SD: equally priced homes
- Milton, IA: less expensive homes
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