Expensive
Affordable
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These days, finding an affordable place to live in the Diamond area can be challenging. Home prices in Diamond are now at a median cost of $279,347, lower than the Illinois average of $300,242.
The average cost of rent is $1,306/mo in Diamond, primarily driven by the current value of real estate in the Diamond area. In Diamond, 22.31% of households rent, and 51.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Diamond is $7,253 per month. Households that rent pay about 18.00% of their income on rent here. Diamond’s most expensive areas are in the southeastern 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
- Eileen, IL: less expensive homes
- Coal City, IL: less expensive homes
- Braidwood, IL: less expensive homes
- Carbon Hill, IL: higher priced homes
- Godley, IL: less expensive homes
- Braceville, IL: less expensive homes
- Lakewood Shores, IL: equally priced homes
- Lorenzo, IL: higher priced homes
- Wilmington, IL: less expensive homes
- Gardner, IL: less expensive homes
Cities with Similar Populations
- Crown City, OH: less expensive homes
- Augusta, WI: less expensive homes
- Lake Peekskill, NY: higher priced homes
- Roper, NC: less expensive homes
- St. Germain, WI: equally priced homes
- Galva, IL: less expensive homes
- Fredonia, KS: less expensive homes
- Fraser, CO: higher priced homes
- Union Point, GA: less expensive homes
- Estancia, NM: less expensive homes
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