Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Channel Lake area can be challenging. Home prices in Channel Lake are now at a median cost of $215,300, lower than the Illinois average of $242,002.
The average cost of rent is $1,296/mo in Channel Lake, primarily driven by the current value of real estate in the Channel Lake area. While nearly 23.98% of residents own their homes outright in Channel Lake, 27.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Channel Lake is $6,939 per month. Households that rent pay about 18.68% of their income on rent here. Channel Lake's most expensive areas are in the northern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Wilmot, WI: equally priced homes
- Trevor, WI: equally priced homes
- Antioch, IL: equally priced homes
- Spring Grove, IL: higher priced homes
- Silver Lake, WI: higher priced homes
- Lake Shangrila, WI: equally priced homes
- Twin Lakes, WI: equally priced homes
- Fox Lake, IL: less expensive homes
- Salem, WI: higher priced homes
- Benet Lake, WI: less expensive homes
Cities with Similar Populations
- Sitka, KS: less expensive homes
- Claymour, KY: less expensive homes
- Sil Murk, AZ: less expensive homes
- Hopedale, LA: less expensive homes
- College City, CA: higher priced homes
- Ramsey, PA: less expensive homes
- Silva, ND: less expensive homes
- Silver Cross, AL: less expensive homes
- Silver Lake, NY: less expensive homes
- Whitetail, MT: less expensive homes
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