Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chestnut area can be challenging. Home prices in Chestnut are now at a median cost of $156,948, lower than the Illinois average of $242,002.
The average cost of rent is $745/mo in Chestnut, primarily driven by the current value of real estate in the Chestnut area. While nearly 56.03% of residents own their homes outright in Chestnut, 22.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chestnut is $6,584 per month. Households that rent pay about 11.31% of their income on rent here. Chestnut's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Mount Pulaski, IL: less expensive homes
- Beason, IL: less expensive homes
- Latham, IL: less expensive homes
- Kenney, IL: less expensive homes
- Midland City, IL: less expensive homes
- Lake Fork, IL: less expensive homes
- Warrensburg, IL: less expensive homes
- Jenkins, IL: equally priced homes
- Elkhart, IL: less expensive homes
- Lincoln, IL: less expensive homes
Cities with Similar Populations
- Craigmont, ID: less expensive homes
- Warwicktown, TN: equally priced homes
- Waltham, MN: higher priced homes
- Walkersville, WV: less expensive homes
- Triplett, NC: higher priced homes
- Trinity Center, CA: higher priced homes
- Trafton, WA: higher priced homes
- Taylor, NE: less expensive homes
- Svea, MN: equally priced homes
- Stockbridge, VT: higher priced homes
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