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Affordable
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These days, finding an affordable place to live in the Fountain Gap area can be challenging. Home prices in Fountain Gap are now at a median cost of $268,334, lower than the Illinois average of $300,242.
The average cost of rent is $1,129/mo in Fountain Gap, primarily driven by the current value of real estate in the Fountain Gap area. In Fountain Gap, 14.06% of households rent, and 32.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fountain Gap is $7,990 per month. Households that rent pay about 14.13% of their income on rent here. Fountain Gap’s most expensive areas are in the central 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
- Merrimac, IL: less expensive homes
- Foster Pond, IL: higher priced homes
- Valmeyer, IL: less expensive homes
- New Hanover, IL: higher priced homes
- Wartburg, IL: higher priced homes
- Columbia, IL: higher priced homes
- Waterloo, IL: equally priced homes
- Oakville, MO: higher priced homes
- Phelps, IL: higher priced homes
- Arnold, MO: equally priced homes
Cities with Similar Populations
- Riverton, TN: less expensive homes
- Montana, AR: less expensive homes
- Monteith, IA: less expensive homes
- Montford, VA: higher priced homes
- Montpelier Station, VA: higher priced homes
- Moody, NY: less expensive homes
- Moreland, AL: less expensive homes
- Moreno, CA: higher priced homes
- Morgan, OR: less expensive homes
- Moriah, IL: less expensive homes
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