Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Clarence area can be challenging. Home prices in Clarence are now at a median cost of $129,079, lower than the Illinois average of $242,002.
The average cost of rent is $799/mo in Clarence, primarily driven by the current value of real estate in the Clarence area. While nearly 32.43% of residents own their homes outright in Clarence, 11.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Clarence is $5,690 per month. Households that rent pay about 14.05% of their income on rent here. Clarence's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Rankin, IL: less expensive homes
- Paxton, IL: less expensive homes
- Loda, IL: higher priced homes
- Cissna Park, IL: less expensive homes
- East Lynn, IL: higher priced homes
- Reilly, IL: higher priced homes
- Penfield, IL: higher priced homes
- Buckley, IL: less expensive homes
- Ludlow, IL: equally priced homes
- Claytonville, IL: less expensive homes
Cities with Similar Populations
- Elkhorn, TN: less expensive homes
- Sherwood, TX: less expensive homes
- Shelby Gap, KY: less expensive homes
- Shannon City, IA: equally priced homes
- Seivern, SC: equally priced homes
- Seboyeta, NM: less expensive homes
- Elmville, OH: higher priced homes
- Elliott, SC: less expensive homes
- Elliot, TX: higher priced homes
- Shirley, TN: less expensive homes
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