Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Cuba area can be challenging. Home prices in Cuba are now at a median cost of $110,945, lower than the Illinois average of $300,242.
The average cost of rent is $842/mo in Cuba, primarily driven by the current value of real estate in the Cuba area. In Cuba, 17.42% of households rent, and 57.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cuba is $5,008 per month. Households that rent pay about 16.82% of their income on rent here. Cuba’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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