Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Farmer City area can be challenging. Home prices in Farmer City are now at a median cost of $136,741, lower than the Illinois average of $242,002.
The average cost of rent is $722/mo in Farmer City, primarily driven by the current value of real estate in the Farmer City area. While nearly 45.20% of residents own their homes outright in Farmer City, 17.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Farmer City is $4,373 per month. Households that rent pay about 16.51% of their income on rent here. Farmer City's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Harris, IL: higher priced homes
- Parnell, IL: higher priced homes
- Kumler, IL: higher priced homes
- Sabina, IL: higher priced homes
- Mansfield, IL: higher priced homes
- Galesville, IL: higher priced homes
- DeLand, IL: less expensive homes
- Glen Avon, IL: higher priced homes
- Dewitt, IL: higher priced homes
- Le Roy, IL: higher priced homes
Cities with Similar Populations
- Osseo, MI: less expensive homes
- Greenville, NH: higher priced homes
- Grey Forest, TX: higher priced homes
- Hawk Point, MO: higher priced homes
- Lake Lotawana, MO: higher priced homes
- Lanai City, HI: higher priced homes
- Logan, AL: equally priced homes
- Mount Hope, WV: less expensive homes
- Oakwood Hills, IL: higher priced homes
- Brownsville, OR: higher priced homes
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