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Affordable
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These days, finding an affordable place to live in the Galt area can be challenging. Home prices in Galt are now at a median cost of $176,100, lower than the Illinois average of $300,242.
The average cost of rent is $1,036/mo in Galt, primarily driven by the current value of real estate in the Galt area. In Galt, 7.56% of households rent, and 44.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Galt is $8,116 per month. Households that rent pay about 12.76% of their income on rent here. Galt’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Como, IL: equally priced homes
- Sterling, IL: less expensive homes
- Rock Falls, IL: less expensive homes
- Round Grove, IL: equally priced homes
- Yeoward Addition, IL: equally priced homes
- Coleta, IL: less expensive homes
- Penrose, IL: higher priced homes
- Nelson, IL: higher priced homes
- Lyndon, IL: less expensive homes
- Morrison, IL: equally priced homes
Cities with Similar Populations
- Kimbrough, AL: less expensive homes
- Judson, WV: higher priced homes
- Julia, WV: less expensive homes
- Jutland, NJ: higher priced homes
- K. I. Sawyer Air Force Base, MI: higher priced homes
- Kamalo, HI: higher priced homes
- Kanawha, TX: higher priced homes
- Wiota, WI: higher priced homes
- Kellum, AR: equally priced homes
- Keota, CO: higher priced homes
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