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These days, finding an affordable place to live in the Collison area can be challenging. Home prices in Collison are now at a median cost of $154,693, lower than the Illinois average of $300,242.
The average cost of rent is $827/mo in Collison, primarily driven by the current value of real estate in the Collison area. In Collison, 14.15% of households rent, and 57.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Collison is $7,183 per month. Households that rent pay about 11.51% of their income on rent here. Collison’s most expensive areas are in the eastern 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
- Higginsville, IL: higher priced homes
- Newtown, IL: equally priced homes
- Jamesburg, IL: higher priced homes
- Hope, IL: less expensive homes
- Potomac, IL: equally priced homes
- Brothers, IL: less expensive homes
- Armstrong, IL: equally priced homes
- Henning, IL: less expensive homes
- Oakwood, IL: less expensive homes
- Fithian, IL: less expensive homes
Cities with Similar Populations
- Douglas, MN: higher priced homes
- Mangas Springs, NM: higher priced homes
- Tribune, KY: higher priced homes
- Trust, NC: higher priced homes
- Tuckahoe, WV: equally priced homes
- Tunnel Springs, AL: less expensive homes
- Tyee, OR: higher priced homes
- Tyonek, AK: less expensive homes
- Union Temple, TN: higher priced homes
- Uniontown, MD: higher priced homes
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