Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Byron area can be challenging. Home prices in Byron are now at a median cost of $181,610, lower than the Illinois average of $242,002.
The average cost of rent is $1,033/mo in Byron, primarily driven by the current value of real estate in the Byron area. While nearly 33.21% of residents own their homes outright in Byron, 22.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Byron is $6,945 per month. Households that rent pay about 14.87% of their income on rent here. Byron's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Myrtle, IL: higher priced homes
- Stillman Valley, IL: equally priced homes
- Lightsville, IL: less expensive homes
- Leaf River, IL: less expensive homes
- Oregon, IL: equally priced homes
- White Rock, IL: equally priced homes
- Egan, IL: less expensive homes
- Seward, IL: less expensive homes
- Davis Junction, IL: less expensive homes
- Mount Morris, IL: less expensive homes
Cities with Similar Populations
- Christiana, TN: higher priced homes
- Clintonville, WI: less expensive homes
- Clermont, GA: higher priced homes
- Claxton, GA: less expensive homes
- Temple, PA: less expensive homes
- Clarion, PA: equally priced homes
- Citrus, CA: higher priced homes
- Churubusco, IN: less expensive homes
- Chuckey, TN: less expensive homes
- Colonie, NY: higher priced homes
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