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These days, finding an affordable place to live in the Cadwell area can be challenging. Home prices in Cadwell are now at a median cost of $223,369, lower than the Illinois average of $300,242.
The average cost of rent is $572/mo in Cadwell, primarily driven by the current value of real estate in the Cadwell area. In Cadwell, 27.35% of households rent, and 51.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cadwell is $8,263 per month. Households that rent pay about 6.92% of their income on rent here. Cadwell’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chipps, IL: equally priced homes
- Arthur, IL: less expensive homes
- Williamsburg, IL: equally priced homes
- Chesterville, IL: less expensive homes
- Sullivan, IL: less expensive homes
- Allenville, IL: equally priced homes
- Lovington, IL: less expensive homes
- Humboldt, IL: less expensive homes
- Pierson, IL: less expensive homes
- Garrett, IL: equally priced homes
Cities with Similar Populations
- Greeley Center, NE: less expensive homes
- Superior, IA: higher priced homes
- Hancock, IA: less expensive homes
- Surprise, NY: less expensive homes
- Hamilton, MN: higher priced homes
- Swallowfield, KY: less expensive homes
- Sweet, ID: higher priced homes
- Gresham, MI: equally priced homes
- Sweetland Center, IA: higher priced homes
- Sunshine, OH: less expensive homes
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