Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elwin area can be challenging. Home prices in Elwin are now at a median cost of $119,724, lower than the Illinois average of $242,002.
The average cost of rent is $820/mo in Elwin, primarily driven by the current value of real estate in the Elwin area. While nearly 47.29% of residents own their homes outright in Elwin, 12.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elwin is $5,891 per month. Households that rent pay about 13.93% of their income on rent here. Elwin's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Boody, IL: higher priced homes
- Macon, IL: equally priced homes
- Decatur, IL: less expensive homes
- Mount Zion, IL: higher priced homes
- Harristown, IL: less expensive homes
- Long Creek, IL: higher priced homes
- Blue Mound, IL: equally priced homes
- Dalton City, IL: equally priced homes
- Forsyth, IL: higher priced homes
- Moweaqua, IL: equally priced homes
Cities with Similar Populations
- Bent Creek, VA: higher priced homes
- Bartley, WV: less expensive homes
- Bath, IN: higher priced homes
- York, KY: less expensive homes
- Bearcreek, MT: higher priced homes
- Yocemento, KS: higher priced homes
- Beetown, WI: equally priced homes
- Wyoming, WV: less expensive homes
- Belmont, ID: higher priced homes
- Belva, WV: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood