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These days, finding an affordable place to live in the Delavan area can be challenging. Home prices in Delavan are now at a median cost of $155,521, lower than the Illinois average of $300,242.
The average cost of rent is $920/mo in Delavan, primarily driven by the current value of real estate in the Delavan area. In Delavan, 23.37% of households rent, and 44.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Delavan is $6,084 per month. Households that rent pay about 15.12% of their income on rent here. Delavan’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hopedale, IL: higher priced homes
- Emden, IL: less expensive homes
- San Jose, IL: less expensive homes
- Green Valley, IL: less expensive homes
- Natrona, IL: less expensive homes
- Dillon, IL: higher priced homes
- South Pekin, IL: less expensive homes
- Tremont, IL: higher priced homes
- Burt, IL: equally priced homes
- Hartsburg, IL: less expensive homes
Cities with Similar Populations
- West Winfield, NY: equally priced homes
- West Mansfield, OH: higher priced homes
- Bismarck, MO: less expensive homes
- Southwest Greensburg, PA: equally priced homes
- Farley, IA: higher priced homes
- Folly Beach, SC: higher priced homes
- Garretson, SD: higher priced homes
- Herminie, PA: higher priced homes
- Louisville, NE: higher priced homes
- Oakes, ND: higher priced homes
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