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These days, finding an affordable place to live in the Dow area can be challenging. Home prices in Dow are now at a median cost of $137,884, lower than the Illinois average of $300,242.
The average cost of rent is $1,199/mo in Dow, primarily driven by the current value of real estate in the Dow area. In Dow, 21.46% of households rent, and 47.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dow is $8,129 per month. Households that rent pay about 14.75% of their income on rent here. Dow’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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- Hector, AR: less expensive homes
- Highland, WI: higher priced homes
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