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These days, finding an affordable place to live in the Columbia area can be challenging. Home prices in Columbia are now at a median cost of $308,877, higher than the Illinois average of $300,242.
The average cost of rent is $1,192/mo in Columbia, primarily driven by the current value of real estate in the Columbia area. In Columbia, 14.92% of households rent, and 36.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Columbia is $8,920 per month. Households that rent pay about 13.37% of their income on rent here. Columbia’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- New Hanover, IL: higher priced homes
- Phelps, IL: higher priced homes
- Dupo, IL: less expensive homes
- East Carondelet, IL: less expensive homes
- Millstadt, IL: less expensive homes
- Fountain Gap, IL: less expensive homes
- Oakville, MO: equally priced homes
- Mehlville, MO: less expensive homes
- Lemay, MO: less expensive homes
- Waterloo, IL: equally priced homes
Cities with Similar Populations
- Dover, PA: less expensive homes
- Croton On Hudson, NY: higher priced homes
- Port Clinton, OH: less expensive homes
- Kendall Park, NJ: higher priced homes
- Harvard, IL: less expensive homes
- Del Mar, CA: higher priced homes
- Hartwell, GA: less expensive homes
- Hartsdale, NY: higher priced homes
- Harrisonville, MO: less expensive homes
- Hamilton Square, NJ: higher priced homes
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