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These days, finding an affordable place to live in the Danforth area can be challenging. Home prices in Danforth are now at a median cost of $166,988, lower than the Illinois average of $300,242.
The average cost of rent is $1,421/mo in Danforth, primarily driven by the current value of real estate in the Danforth area. In Danforth, 15.72% of households rent, and 45.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Danforth is $5,241 per month. Households that rent pay about 27.11% of their income on rent here. Danforth’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
- La Hogue, IL: less expensive homes
- Gilman, IL: less expensive homes
- Ashkum, IL: equally priced homes
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- Ridgeville, IL: less expensive homes
- Clifton, IL: higher priced homes
- L'Erable, IL: higher priced homes
- Goodwine, IL: less expensive homes
- Piper City, IL: less expensive homes
Cities with Similar Populations
- Urich, MO: less expensive homes
- Grethel, KY: less expensive homes
- Guernsey, CA: higher priced homes
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- Hartford, NY: higher priced homes
- Hawkeye, IA: less expensive homes
- Hewitt, MN: equally priced homes
- Highmore, SD: equally priced homes
- Hobart, NY: higher priced homes
- Greensburg, KS: higher priced homes
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