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These days, finding an affordable place to live in the Fairbury area can be challenging. Home prices in Fairbury are now at a median cost of $175,741, lower than the Illinois average of $300,242.
The average cost of rent is $808/mo in Fairbury, primarily driven by the current value of real estate in the Fairbury area. In Fairbury, 28.42% of households rent, and 39.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fairbury is $6,790 per month. Households that rent pay about 11.91% of their income on rent here. Fairbury’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Weston, IL: higher priced homes
- Forrest, IL: less expensive homes
- Wing, IL: less expensive homes
- McDowell, IL: higher priced homes
- Strawn, IL: higher priced homes
- Cropsey, IL: higher priced homes
- Ocoya, IL: higher priced homes
- Chenoa, IL: less expensive homes
- Swygert, IL: higher priced homes
- Pontiac, IL: less expensive homes
Cities with Similar Populations
- Priest River, ID: higher priced homes
- Coleman, TX: less expensive homes
- Colfax, NC: higher priced homes
- Putney, VT: higher priced homes
- College Grove, TN: higher priced homes
- Collinsville, AL: less expensive homes
- Fritch, TX: less expensive homes
- Providence Forge, VA: higher priced homes
- Colquitt, GA: less expensive homes
- Progreso, TX: less expensive homes
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