Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cherry area can be challenging. Home prices in Cherry are now at a median cost of $89,998, lower than the Illinois average of $242,002.
The average cost of rent is $807/mo in Cherry, primarily driven by the current value of real estate in the Cherry area. While nearly 44.40% of residents own their homes outright in Cherry, 21.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cherry is $4,095 per month. Households that rent pay about 19.70% of their income on rent here. Cherry's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Arlington, IL: higher priced homes
- Ladd, IL: higher priced homes
- Dalzell, IL: higher priced homes
- Seatonville, IL: higher priced homes
- Zearing, IL: higher priced homes
- Tomahawk Bluff, IL: higher priced homes
- Hollowayville, IL: higher priced homes
- Spring Valley, IL: higher priced homes
- Troy Grove, IL: higher priced homes
- Peru, IL: higher priced homes
Cities with Similar Populations
- Climax, NY: higher priced homes
- Cornatzer, NC: higher priced homes
- Cora, WY: higher priced homes
- Upperville, VA: higher priced homes
- Valley Center, MI: higher priced homes
- Valley Hill, KY: higher priced homes
- Comins, MI: higher priced homes
- Verne, IN: higher priced homes
- Cohasset, CA: higher priced homes
- Victoria, IL: higher priced homes
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