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Affordable
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These days, finding an affordable place to live in the Garrett area can be challenging. Home prices in Garrett are now at a median cost of $221,314, lower than the Illinois average of $300,242.
The average cost of rent is $742/mo in Garrett, primarily driven by the current value of real estate in the Garrett area. In Garrett, 17.73% of households rent, and 28.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Garrett is $6,243 per month. Households that rent pay about 11.88% of their income on rent here. Garrett’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Atwood, IL: less expensive homes
- Ficklin, IL: equally priced homes
- Pierson, IL: less expensive homes
- Arthur, IL: less expensive homes
- Parkville, IL: equally priced homes
- Tuscola, IL: less expensive homes
- Galton, IL: equally priced homes
- Chesterville, IL: less expensive homes
- Voorhies, IL: less expensive homes
- Williamsburg, IL: equally priced homes
Cities with Similar Populations
- Sonora, MS: less expensive homes
- Standley, OH: less expensive homes
- St. Xavier, MT: less expensive homes
- St. Nicholas, MI: less expensive homes
- St. Joseph, OR: higher priced homes
- St. George, WV: less expensive homes
- St. Clair, TN: less expensive homes
- St. Bernard, NE: higher priced homes
- Spink Colony, SD: less expensive homes
- Spaulding, IA: equally priced homes
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