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Affordable
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These days, finding an affordable place to live in the Carman area can be challenging. Home prices in Carman are now at a median cost of $109,845, lower than the Illinois average of $300,242.
The average cost of rent is $944/mo in Carman, primarily driven by the current value of real estate in the Carman area. In Carman, 23.68% of households rent, and 53.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Carman is $4,151 per month. Households that rent pay about 22.73% of their income on rent here. Carman’s most expensive areas are in the eastern 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.
Nearby Cities
- Shokokon, IL: equally priced homes
- Lomax, IL: less expensive homes
- Hopper, IL: equally priced homes
- Gulf Port, IL: equally priced homes
- Burlington, IA: higher priced homes
- Spring Grove, IA: higher priced homes
- Terre Haute, IL: less expensive homes
- Olena, IL: equally priced homes
- Stronghurst, IL: equally priced homes
- West Burlington, IA: higher priced homes
Cities with Similar Populations
- Williana, LA: less expensive homes
- Bass, AR: higher priced homes
- Kinfolks Ridge, MO: higher priced homes
- Woodlawn, MO: less expensive homes
- Bassett, AR: less expensive homes
- Beaver City, IN: higher priced homes
- Balta, ND: higher priced homes
- Ormonde, IL: higher priced homes
- Needham, AR: higher priced homes
- Old Milan, IN: higher priced homes
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