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These days, finding an affordable place to live in the Germantown area can be challenging. Home prices in Germantown are now at a median cost of $208,271, lower than the Illinois average of $300,242.
The average cost of rent is $927/mo in Germantown, primarily driven by the current value of real estate in the Germantown area. In Germantown, 13.72% of households rent, and 52.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Germantown is $7,595 per month. Households that rent pay about 12.21% of their income on rent here. Germantown’s most expensive areas are in the northwestern 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
- Albers, IL: equally priced homes
- Breese, IL: equally priced homes
- Bartelso, IL: equally priced homes
- Damiansville, IL: less expensive homes
- Aviston, IL: higher priced homes
- Beckemeyer, IL: equally priced homes
- Frogtown, IL: less expensive homes
- New Baden, IL: equally priced homes
- Okawville, IL: less expensive homes
- Trenton, IL: higher priced homes
Cities with Similar Populations
- Crane Hill, AL: higher priced homes
- Union City, OK: higher priced homes
- Hana, HI: higher priced homes
- Akron, IA: less expensive homes
- Waldo, OH: higher priced homes
- Enon Valley, PA: less expensive homes
- Elkton, MI: less expensive homes
- Dulzura, CA: higher priced homes
- Dublin, PA: higher priced homes
- Dewy Rose, GA: less expensive homes
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