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These days, finding an affordable place to live in the Cobden area can be challenging. Home prices in Cobden are now at a median cost of $139,390, lower than the Illinois average of $300,242.
The average cost of rent is $824/mo in Cobden, primarily driven by the current value of real estate in the Cobden area. In Cobden, 21.59% of households rent, and 59.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cobden is $4,667 per month. Households that rent pay about 17.66% of their income on rent here. Cobden’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mountain Glen, IL: higher priced homes
- Anna, IL: equally priced homes
- Water Valley, IL: less expensive homes
- Jonesboro, IL: less expensive homes
- Saratoga, IL: higher priced homes
- Alto Pass, IL: higher priced homes
- Balcom, IL: equally priced homes
- Makanda, IL: higher priced homes
- Ware, IL: less expensive homes
- Lick Creek, IL: equally priced homes
Cities with Similar Populations
- Camden, MI: higher priced homes
- Carmel Valley Village, CA: higher priced homes
- Cherokee, AL: equally priced homes
- Highspire, PA: equally priced homes
- Chiloquin, OR: higher priced homes
- Warren, MA: higher priced homes
- Upper Black Eddy, PA: higher priced homes
- Hallowell, ME: higher priced homes
- Cumberland, VA: higher priced homes
- Sumac, GA: higher priced homes
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