Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the El Paso area can be challenging. Home prices in El Paso are now at a median cost of $178,093, lower than the Illinois average of $242,002.
The average cost of rent is $877/mo in El Paso, primarily driven by the current value of real estate in the El Paso area. While nearly 36.75% of residents own their homes outright in El Paso, 20.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in El Paso is $6,525 per month. Households that rent pay about 13.44% of their income on rent here. El Paso's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Enright, IL: equally priced homes
- Kappa, IL: higher priced homes
- Panola, IL: less expensive homes
- Secor, IL: less expensive homes
- Woodford, IL: less expensive homes
- Hudson, IL: higher priced homes
- Gridley, IL: less expensive homes
- Benson, IL: less expensive homes
- Roanoke, IL: less expensive homes
- Carlock, IL: equally priced homes
Cities with Similar Populations
- Bon Secour, AL: higher priced homes
- Wrens, GA: less expensive homes
- Watertown, FL: less expensive homes
- Utica, KY: less expensive homes
- Tipton, CA: higher priced homes
- Sumiton, AL: less expensive homes
- Pennellville, NY: equally priced homes
- Norway, MI: less expensive homes
- Newbury, MA: higher priced homes
- Medinah, IL: higher priced homes
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