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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 $123,645, lower than the Illinois average of $242,002.
The average cost of rent is $798/mo in Cuba, primarily driven by the current value of real estate in the Cuba area. While nearly 51.33% of residents own their homes outright in Cuba, 21.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cuba is $4,852 per month. Households that rent pay about 16.44% of their income on rent here. Cuba's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
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