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Affordable
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These days, finding an affordable place to live in the Clay City area can be challenging. Home prices in Clay City are now at a median cost of $110,095, lower than the Illinois average of $300,242.
The average cost of rent is $637/mo in Clay City, primarily driven by the current value of real estate in the Clay City area. In Clay City, 15.04% of households rent, and 51.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Clay City is $5,825 per month. Households that rent pay about 10.94% of their income on rent here. Clay City’s most expensive areas are in the southern 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
- Sailor Springs, IL: equally priced homes
- Noble, IL: equally priced homes
- Flora, IL: less expensive homes
- Wynoose, IL: equally priced homes
- Rinard, IL: higher priced homes
- Passport, IL: higher priced homes
- Enterprise, IL: equally priced homes
- Louisville, IL: higher priced homes
- Ingraham, IL: higher priced homes
- Iola, IL: higher priced homes
Cities with Similar Populations
- Koran, LA: higher priced homes
- Satanta, KS: higher priced homes
- Sanator, SD: higher priced homes
- Rock Point, AZ: less expensive homes
- Redwood, TX: higher priced homes
- McPherson, GA: higher priced homes
- Marydel, MD: higher priced homes
- Leona Valley, CA: higher priced homes
- Lebec, CA: higher priced homes
- Lamy, NM: higher priced homes
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