
Affordable
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These days, finding an affordable place to live in the Eldred area can be challenging. Home prices in Eldred are now at a median cost of $120,092, lower than the Illinois average of $300,242.
The average cost of rent is $542/mo in Eldred, primarily driven by the current value of real estate in the Eldred area. In Eldred, 13.10% of households rent, and 57.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Eldred is $5,631 per month. Households that rent pay about 9.63% of their income on rent here. Eldred’s most expensive areas are in the central 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
- Woody, IL: equally priced homes
- Kampsville, IL: less expensive homes
- Michael, IL: equally priced homes
- Carrollton, IL: equally priced homes
- Bee Creek, IL: higher priced homes
- Hanks Station, IL: equally priced homes
- Hamburg, IL: higher priced homes
- Hillview, IL: equally priced homes
- Old Kane, IL: higher priced homes
- Hardin, IL: equally priced homes
Cities with Similar Populations
- Bluffton, TX: higher priced homes
- Bayview, TX: higher priced homes
- Beacon Heights, GA: higher priced homes
- Wolcottsville, NY: higher priced homes
- Bee, NE: higher priced homes
- Benedict, MN: higher priced homes
- Bessie, OK: higher priced homes
- Beulah, WY: higher priced homes
- Bickley, GA: less expensive homes
- Blairstown, MO: higher priced homes
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