The Most Affordable Neighborhoods in Bureau Junction, IL by Home Value

 

Bureau Junction, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Bureau Junction area can be challenging. Home prices in Bureau Junction are now at a median cost of $63,200, lower than the Illinois average of $300,242.

The average cost of rent is $1,091/mo in Bureau Junction, primarily driven by the current value of real estate in the Bureau Junction area. In Bureau Junction, 31.09% of households rent, and 58.70% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Bureau Junction is $4,714 per month. Households that rent pay about 23.15% of their income on rent here. Bureau Junction’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.


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