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These days, finding an affordable place to live in the Columbus area can be challenging. Home prices in Columbus are now at a median cost of $233,715, lower than the Illinois average of $300,242.
The average cost of rent is $992/mo in Columbus, primarily driven by the current value of real estate in the Columbus area. In Columbus, 2.91% of households rent, and 39.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Columbus is $7,599 per month. Households that rent pay about 13.06% of their income on rent here. Columbus’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Coatsburg, IL: less expensive homes
- Paloma, IL: less expensive homes
- Camp Point, IL: less expensive homes
- Liberty, IL: less expensive homes
- Fowler, IL: equally priced homes
- Clayton, IL: less expensive homes
- Kellerville, IL: less expensive homes
- Golden, IL: less expensive homes
- Mendon, IL: less expensive homes
- Richfield, IL: less expensive homes
Cities with Similar Populations
- Gethsemane, NC: less expensive homes
- Cutler, ME: less expensive homes
- Dallas, SD: less expensive homes
- Davenport, ND: equally priced homes
- Dawson, ND: less expensive homes
- Van Meer, MI: less expensive homes
- Uptonville, TN: less expensive homes
- Union, GA: less expensive homes
- Linwood, KY: less expensive homes
- Linville, LA: less expensive homes
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