The Most Affordable Neighborhoods in Coleta, IL by Home Value

 

Coleta, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Coleta area can be challenging. Home prices in Coleta are now at a median cost of $109,748, lower than the Illinois average of $242,002.

The average cost of rent is $728/mo in Coleta, primarily driven by the current value of real estate in the Coleta area. While nearly 46.46% of residents own their homes outright in Coleta, 7.49% rent.

Housing affordability isn’t just about home prices, though. The average household income in Coleta is $5,356 per month. Households that rent pay about 13.59% of their income on rent here. Coleta's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.


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