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Affordable
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These days, finding an affordable place to live in the DeSoto area can be challenging. Home prices in DeSoto are now at a median cost of $135,991, lower than the Illinois average of $300,242.
The average cost of rent is $854/mo in DeSoto, primarily driven by the current value of real estate in the DeSoto area. In DeSoto, 42.13% of households rent, and 55.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in DeSoto is $5,788 per month. Households that rent pay about 14.75% of their income on rent here. DeSoto’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Reeds Station, IL: higher priced homes
- Hurst, IL: less expensive homes
- Bush, IL: less expensive homes
- Cambria, IL: higher priced homes
- Hallidayboro, IL: less expensive homes
- Carbondale, IL: higher priced homes
- Harrison, IL: higher priced homes
- Crab Orchard Estates, IL: higher priced homes
- Elkville, IL: less expensive homes
- Colp, IL: less expensive homes
Cities with Similar Populations
- Windsor, SC: less expensive homes
- Belvidere, TN: higher priced homes
- Berry, AL: higher priced homes
- Bradyville, TN: higher priced homes
- Westfield, PA: equally priced homes
- Wellsville, PA: higher priced homes
- Caneyville, KY: equally priced homes
- Silver Lake, OH: higher priced homes
- Van Vleck, TX: higher priced homes
- Shellsburg, IA: higher priced homes
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