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These days, finding an affordable place to live in the Galesburg area can be challenging. Home prices in Galesburg are now at a median cost of $107,172, lower than the Illinois average of $242,002.
The average cost of rent is $643/mo in Galesburg, primarily driven by the current value of real estate in the Galesburg area. While nearly 49.21% of residents own their homes outright in Galesburg, 41.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Galesburg is $3,615 per month. Households that rent pay about 17.78% of their income on rent here. Galesburg's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- East Galesburg, IL: higher priced homes
- Henderson, IL: higher priced homes
- Knoxville, IL: equally priced homes
- Henderson Grove, IL: higher priced homes
- Wataga, IL: less expensive homes
- Shanghai City, IL: less expensive homes
- Cameron, IL: less expensive homes
- Gilson, IL: higher priced homes
- Gerlaw, IL: equally priced homes
- Rio, IL: equally priced homes
Cities with Similar Populations
- Jasper, AL: higher priced homes
- Pullman, WA: higher priced homes
- Oceanside, NY: higher priced homes
- Maple Valley, WA: higher priced homes
- Long Branch, NJ: higher priced homes
- Locust Grove, GA: higher priced homes
- Livingston, NJ: higher priced homes
- Aberdeen, SD: higher priced homes
- Langhorne, PA: higher priced homes
- Lancaster, NY: higher priced homes
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