Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Galena area can be challenging. Home prices in Galena are now at a median cost of $187,348, lower than the Illinois average of $242,002.
The average cost of rent is $749/mo in Galena, primarily driven by the current value of real estate in the Galena area. While nearly 44.97% of residents own their homes outright in Galena, 27.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Galena is $5,364 per month. Households that rent pay about 13.97% of their income on rent here. Galena's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Rice, IL: higher priced homes
- Scales Mound, IL: higher priced homes
- The Galena Territory, IL: higher priced homes
- Menominee, IL: equally priced homes
- Rodden, IL: higher priced homes
- St. Donatus, IA: higher priced homes
- Prairie Corners, WI: equally priced homes
- Hazel Green, WI: equally priced homes
- Bellevue, IA: higher priced homes
- Guilford, IL: higher priced homes
Cities with Similar Populations
- Auburn, KY: less expensive homes
- Placitas, NM: higher priced homes
- Pioneer, CA: higher priced homes
- Bamberg, SC: less expensive homes
- Balm, FL: higher priced homes
- Bakersville, NC: less expensive homes
- Petersburg, MI: equally priced homes
- Perrineville, NJ: higher priced homes
- Parsons, TN: less expensive homes
- Paris, AR: less expensive homes
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