The Most Affordable Neighborhoods in Edwards, IL by Home Value

 

Edwards, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Edwards area can be challenging. Home prices in Edwards are now at a median cost of $282,845, higher than the Illinois average of $242,002.

The average cost of rent is $1,211/mo in Edwards, primarily driven by the current value of real estate in the Edwards area. While nearly 29.60% of residents own their homes outright in Edwards, 19.61% rent.

Housing affordability isn’t just about home prices, though. The average household income in Edwards is $11,061 per month. Households that rent pay about 10.95% of their income on rent here. Edwards's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.


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