Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Danville area can be challenging. Home prices in Danville are now at a median cost of $93,727, lower than the Illinois average of $242,002.
The average cost of rent is $724/mo in Danville, primarily driven by the current value of real estate in the Danville area. While nearly 57.94% of residents own their homes outright in Danville, 38.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Danville is $4,049 per month. Households that rent pay about 17.88% of their income on rent here. Danville's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Tilton, IL: less expensive homes
- Belgium, IL: equally priced homes
- State Line City, IN: higher priced homes
- Bismarck, IL: higher priced homes
- Westville, IL: less expensive homes
- Catlin, IL: higher priced homes
- Newtown, IL: higher priced homes
- Himrod, IL: equally priced homes
- Oakwood, IL: equally priced homes
- Higginsville, IL: higher priced homes
Cities with Similar Populations
- Woburn, MA: higher priced homes
- Somerset, KY: higher priced homes
- South Salt Lake, UT: higher priced homes
- Summit, AZ: higher priced homes
- East Point, GA: higher priced homes
- Cullman, AL: higher priced homes
- Crossville, TN: higher priced homes
- Villa Rica, GA: higher priced homes
- College Park, MD: higher priced homes
- Wenatchee, WA: higher priced homes
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