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Affordable
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These days, finding an affordable place to live in the Chapin area can be challenging. Home prices in Chapin are now at a median cost of $112,295, lower than the Illinois average of $300,242.
The average cost of rent is $820/mo in Chapin, primarily driven by the current value of real estate in the Chapin area. In Chapin, 13.97% of households rent, and 51.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chapin is $5,868 per month. Households that rent pay about 13.97% of their income on rent here. Chapin’s most expensive areas are in the southeastern 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
- Merritt, IL: less expensive homes
- Concord, IL: higher priced homes
- Riggston, IL: less expensive homes
- Exeter, IL: equally priced homes
- Bluffs, IL: less expensive homes
- Lynnville, IL: higher priced homes
- Arenzville, IL: higher priced homes
- Meredosia, IL: less expensive homes
- Jacksonville, IL: higher priced homes
- Oxville, IL: equally priced homes
Cities with Similar Populations
- Plymell, KS: higher priced homes
- White Lake, WI: higher priced homes
- Rhine, GA: higher priced homes
- Richville, NY: equally priced homes
- Robertstown, GA: higher priced homes
- Quinhagak, AK: less expensive homes
- Prompton, PA: higher priced homes
- Prairie Ronde, LA: higher priced homes
- Saxeville, WI: higher priced homes
- Carlotta, CA: higher priced homes
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