Home Price Key
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Average
Expensive
These days, finding an affordable place to live in the Ferris area can be challenging. Home prices in Ferris are now at a median cost of $94,500, lower than the Illinois average of $242,002.
The average cost of rent is $592/mo in Ferris, primarily driven by the current value of real estate in the Ferris area. While nearly 68.82% of residents own their homes outright in Ferris, 19.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ferris is $4,653 per month. Households that rent pay about 12.72% of their income on rent here. Ferris's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- McCall, IL: equally priced homes
- Burnside, IL: higher priced homes
- Carthage, IL: higher priced homes
- Adrian, IL: equally priced homes
- Elvaston, IL: higher priced homes
- Colusa, IL: equally priced homes
- Webster, IL: higher priced homes
- Disco, IL: equally priced homes
- Bentley, IL: less expensive homes
- Niota, IL: equally priced homes
Cities with Similar Populations
- Plymouth Union, VT: higher priced homes
- Port Jenkins, PA: higher priced homes
- Port Alsworth, AK: higher priced homes
- Poplar Hill, TN: higher priced homes
- Poolville, NY: higher priced homes
- Pony, MT: higher priced homes
- Pondsville, MD: higher priced homes
- Pond Creek, WV: higher priced homes
- Pocahontas, PA: higher priced homes
- Portage Entry, MI: higher priced homes
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