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Affordable
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These days, finding an affordable place to live in the Chipps area can be challenging. Home prices in Chipps are now at a median cost of $218,267, lower than the Illinois average of $300,242.
The average cost of rent is $670/mo in Chipps, primarily driven by the current value of real estate in the Chipps area. In Chipps, 16.79% of households rent, and 51.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chipps is $9,236 per month. Households that rent pay about 7.25% of their income on rent here. Chipps’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sullivan, IL: less expensive homes
- Cadwell, IL: equally priced homes
- Allenville, IL: equally priced homes
- Williamsburg, IL: equally priced homes
- Kirksville, IL: equally priced homes
- Lovington, IL: less expensive homes
- Bruce, IL: less expensive homes
- Arthur, IL: less expensive homes
- Bethany, IL: less expensive homes
- Chesterville, IL: less expensive homes
Cities with Similar Populations
- Buckingham, IA: equally priced homes
- Sanford, MS: less expensive homes
- Sandusky, TX: higher priced homes
- Chiniak, AK: higher priced homes
- Cedar Valley, UT: higher priced homes
- Cawker City, KS: less expensive homes
- Caswell Beach, NC: higher priced homes
- Castleford, ID: higher priced homes
- Cantril, IA: less expensive homes
- Burnley, VA: higher priced homes
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