The Most Affordable Neighborhoods in Cable, IL by Home Value

 

Cable, IL Map of Most Affordable Neighborhoods
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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 $232,977, lower than the Illinois average of $242,002.

The average cost of rent is $761/mo in Cable, primarily driven by the current value of real estate in the Cable area. While nearly 41.01% of residents own their homes outright in Cable, 3.38% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cable is $5,935 per month. Households that rent pay about 12.83% of their income on rent here. Cable's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.


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