Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elizabeth area can be challenging. Home prices in Elizabeth are now at a median cost of $139,165, lower than the Illinois average of $242,002.
The average cost of rent is $773/mo in Elizabeth, primarily driven by the current value of real estate in the Elizabeth area. While nearly 47.71% of residents own their homes outright in Elizabeth, 25.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elizabeth is $4,246 per month. Households that rent pay about 18.20% of their income on rent here. Elizabeth's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Woodbine, IL: equally priced homes
- Hanover, IL: equally priced homes
- Schapville, IL: higher priced homes
- Massbach, IL: higher priced homes
- Rodden, IL: higher priced homes
- The Galena Territory, IL: higher priced homes
- Stockton, IL: less expensive homes
- Apple River, IL: higher priced homes
- Rice, IL: higher priced homes
- Guilford, IL: higher priced homes
Cities with Similar Populations
- South Coffeyville, OK: less expensive homes
- Cassville, WI: less expensive homes
- Centerville, SD: equally priced homes
- Chesapeake, WV: less expensive homes
- Gwinner, ND: equally priced homes
- Harlowton, MT: equally priced homes
- Holland, AR: equally priced homes
- Improve, MS: less expensive homes
- Scio, NY: less expensive homes
- Shutesbury, MA: higher priced homes
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