The Most Affordable Neighborhoods in Carrier Mills, IL by Home Value

These days, finding an affordable place to live in the Carrier Mills area can be challenging. Home prices in Carrier Mills are now at a median cost of $93,985, lower than the Illinois average of $300,242.

The average cost of rent is $578/mo in Carrier Mills, primarily driven by the current value of real estate in the Carrier Mills area. In Carrier Mills, 16.87% of households rent, and 60.03% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Carrier Mills is $5,206 per month. Households that rent pay about 11.10% of their income on rent here. Carrier Mills’s most expensive areas are in the northwestern 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.

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