Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Colfax area can be challenging. Home prices in Colfax are now at a median cost of $130,144, lower than the Illinois average of $242,002.
The average cost of rent is $826/mo in Colfax, primarily driven by the current value of real estate in the Colfax area. While nearly 24.29% of residents own their homes outright in Colfax, 27.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in Colfax is $5,587 per month. Households that rent pay about 14.78% of their income on rent here. Colfax's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Anchor, IL: higher priced homes
- Cooksville, IL: higher priced homes
- Cropsey, IL: higher priced homes
- Arrowsmith, IL: equally priced homes
- Ellsworth, IL: equally priced homes
- Saybrook, IL: less expensive homes
- Lexington, IL: higher priced homes
- Weston, IL: higher priced homes
- Padua, IL: higher priced homes
- Garber, IL: higher priced homes
Cities with Similar Populations
- Round Rock, AZ: less expensive homes
- DeFord, MI: equally priced homes
- Denver, OH: less expensive homes
- Diamond Springs, MI: higher priced homes
- Dudley, GA: equally priced homes
- Eastport, ME: less expensive homes
- Edgerton, MI: higher priced homes
- Eudora, MS: higher priced homes
- Francisco, IN: equally priced homes
- Georgetown, FL: equally priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood