Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cortland area can be challenging. Home prices in Cortland are now at a median cost of $162,872, lower than the Illinois average of $242,002.
The average cost of rent is $1,382/mo in Cortland, primarily driven by the current value of real estate in the Cortland area. While nearly 31.09% of residents own their homes outright in Cortland, 27.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cortland is $6,323 per month. Households that rent pay about 21.86% of their income on rent here. Cortland's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- DeKalb, IL: higher priced homes
- Sycamore, IL: higher priced homes
- Elva, IL: higher priced homes
- Maple Park, IL: higher priced homes
- Virgil, IL: higher priced homes
- Richardson, IL: higher priced homes
- Troxel, IL: higher priced homes
- Clare, IL: higher priced homes
- Malta, IL: equally priced homes
- Wasco, IL: higher priced homes
Cities with Similar Populations
- Freedom, PA: higher priced homes
- Penngrove, CA: higher priced homes
- French Island, WI: higher priced homes
- Perkins, OK: less expensive homes
- Perrineville, NJ: higher priced homes
- Perry, NY: less expensive homes
- Perry, UT: higher priced homes
- Freeland, WA: higher priced homes
- Perryville, AZ: higher priced homes
- Friona, TX: less expensive homes
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