The Most Affordable Neighborhoods in Cave In Rock, IL by Home Value

 

Cave In Rock, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cave In Rock area can be challenging. Home prices in Cave In Rock are now at a median cost of $130,245, lower than the Illinois average of $300,242.

The average cost of rent is $445/mo in Cave In Rock, primarily driven by the current value of real estate in the Cave In Rock area. In Cave In Rock, 16.06% of households rent, and 77.05% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cave In Rock is $3,895 per month. Households that rent pay about 11.43% of their income on rent here. Cave In Rock’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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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