Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cornell area can be challenging. Home prices in Cornell are now at a median cost of $122,860, lower than the Illinois average of $242,002.
The average cost of rent is $908/mo in Cornell, primarily driven by the current value of real estate in the Cornell area. While nearly 37.51% of residents own their homes outright in Cornell, 18.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cornell is $5,407 per month. Households that rent pay about 16.79% of their income on rent here. Cornell's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Manville, IL: higher priced homes
- Blackstone, IL: higher priced homes
- Rowe, IL: higher priced homes
- Ancona, IL: higher priced homes
- Long Point, IL: higher priced homes
- Reading, IL: higher priced homes
- South Streator, IL: equally priced homes
- Sunbury, IL: higher priced homes
- Streator, IL: less expensive homes
- Graymont, IL: higher priced homes
Cities with Similar Populations
- Bancroft, WI: higher priced homes
- Side Lake, MN: higher priced homes
- Shieldsville, MN: higher priced homes
- Scotland, PA: higher priced homes
- Blandinsville, IL: less expensive homes
- Bladensburg, OH: higher priced homes
- Bee Branch, AR: less expensive homes
- Baxter Estates, NY: higher priced homes
- Sleepy Creek, WV: higher priced homes
- Camas Valley, OR: higher priced homes
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