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Affordable
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These days, finding an affordable place to live in the Cable area can be challenging. Home prices in Cable are now at a median cost of $260,227, lower than the Illinois average of $300,242.
The average cost of rent is $845/mo in Cable, primarily driven by the current value of real estate in the Cable area. In Cable, 4.48% of households rent, and 37.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cable is $9,690 per month. Households that rent pay about 8.72% of their income on rent here. Cable’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sherrard, IL: less expensive homes
- Warner, IL: equally priced homes
- Preemption, IL: less expensive homes
- Opheim, IL: less expensive homes
- Lynn Center, IL: less expensive homes
- Sunny Hill Estates, IL: higher priced homes
- Orion, IL: less expensive homes
- Matherville, IL: less expensive homes
- Swedona, IL: less expensive homes
- New Windsor, IL: less expensive homes
Cities with Similar Populations
- Woodland, GA: less expensive homes
- Wheatland, IN: less expensive homes
- Five Forks, VA: higher priced homes
- Reeve, WI: equally priced homes
- Wadestown, WV: less expensive homes
- Benton, CA: higher priced homes
- Nemacolin, PA: less expensive homes
- Osage, MN: equally priced homes
- Orbisonia, PA: less expensive homes
- Old Field, NY: higher priced homes
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