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These days, finding an affordable place to live in the German Valley area can be challenging. Home prices in German Valley are now at a median cost of $163,658, lower than the Illinois average of $300,242.
The average cost of rent is $933/mo in German Valley, primarily driven by the current value of real estate in the German Valley area. In German Valley, 29.72% of households rent, and 39.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in German Valley is $6,215 per month. Households that rent pay about 15.00% of their income on rent here. German Valley’s most expensive areas are in the northeastern 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
- Egan, IL: higher priced homes
- Adeline, IL: equally priced homes
- Ridott, IL: higher priced homes
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- Baileyville, IL: higher priced homes
- Leaf River, IL: higher priced homes
- Seward, IL: higher priced homes
- Forreston, IL: equally priced homes
- Pecatonica, IL: higher priced homes
- Myrtle, IL: higher priced homes
Cities with Similar Populations
- Denton, GA: less expensive homes
- Stopover, KY: less expensive homes
- Star Lake, NY: less expensive homes
- St. Leon, IN: higher priced homes
- St. Donatus, IA: higher priced homes
- Sportsmen Acres, OK: higher priced homes
- Smithers, WV: less expensive homes
- Hartford, TN: equally priced homes
- Floyd, NM: higher priced homes
- Findley, MI: higher priced homes
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