Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Frederick area can be challenging. Home prices in Frederick are now at a median cost of $154,343, lower than the Illinois average of $242,002.
The average cost of rent is $859/mo in Frederick, primarily driven by the current value of real estate in the Frederick area. While nearly 50.34% of residents own their homes outright in Frederick, 17.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Frederick is $6,375 per month. Households that rent pay about 13.48% of their income on rent here. Frederick's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Beardstown, IL: less expensive homes
- Rushville, IL: less expensive homes
- Browning, IL: less expensive homes
- Bluff Springs, IL: equally priced homes
- Ray, IL: less expensive homes
- Ripley, IL: less expensive homes
- Sheldons Grove, IL: less expensive homes
- Astoria, IL: less expensive homes
- Cooperstown, IL: less expensive homes
- Snicarte, IL: less expensive homes
Cities with Similar Populations
- Lelia Lake, TX: less expensive homes
- Lake Hamilton, AR: higher priced homes
- Lake Shore, TX: less expensive homes
- Lamb, KY: less expensive homes
- Lamont, WA: higher priced homes
- Lanark, AR: less expensive homes
- Landes, WV: equally priced homes
- Lankin, ND: less expensive homes
- Lasca, AL: less expensive homes
- Waterville, PA: higher priced homes
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