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These days, finding an affordable place to live in the Charleston area can be challenging. Home prices in Charleston are now at a median cost of $160,492, lower than the Illinois average of $300,242.
The average cost of rent is $823/mo in Charleston, primarily driven by the current value of real estate in the Charleston area. In Charleston, 47.23% of households rent, and 51.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Charleston is $5,116 per month. Households that rent pay about 16.09% of their income on rent here. Charleston’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Loxa, IL: equally priced homes
- Hutton, IL: equally priced homes
- Lerna, IL: higher priced homes
- Ashmore, IL: equally priced homes
- Janesville, IL: equally priced homes
- Rardin, IL: less expensive homes
- Maple Point, IL: less expensive homes
- Westfield, IL: less expensive homes
- Mattoon, IL: less expensive homes
- Oilfield, IL: less expensive homes
Cities with Similar Populations
- Dixon, IL: equally priced homes
- Forest City, NC: higher priced homes
- Lillington, NC: higher priced homes
- Exeter, NH: higher priced homes
- Louisville, OH: higher priced homes
- Morris, IL: higher priced homes
- Madison, IN: higher priced homes
- Marblehead, MA: higher priced homes
- Monticello, MN: higher priced homes
- Mattoon, IL: less expensive homes
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