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Affordable
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These days, finding an affordable place to live in the Gillespie area can be challenging. Home prices in Gillespie are now at a median cost of $120,156, lower than the Illinois average of $300,242.
The average cost of rent is $821/mo in Gillespie, primarily driven by the current value of real estate in the Gillespie area. In Gillespie, 26.29% of households rent, and 47.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gillespie is $6,914 per month. Households that rent pay about 11.87% of their income on rent here. Gillespie’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- East Gillespie, IL: higher priced homes
- Mount Clare, IL: less expensive homes
- Eagarville, IL: equally priced homes
- Benld, IL: less expensive homes
- Sawyerville, IL: equally priced homes
- Lake Ka-ho, IL: equally priced homes
- Dorchester, IL: higher priced homes
- Hornsby, IL: higher priced homes
- White City, IL: equally priced homes
- Wilsonville, IL: higher priced homes
Cities with Similar Populations
- Sheffield, OH: higher priced homes
- Travis Afb, CA: higher priced homes
- Trappe, PA: higher priced homes
- Shingletown, CA: higher priced homes
- Weimar, TX: higher priced homes
- Springfield, LA: higher priced homes
- Townsend, MT: higher priced homes
- Towanda, PA: higher priced homes
- Sherborn, MA: higher priced homes
- West Chazy, NY: higher priced homes
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