The Most Affordable Neighborhoods in Glen Carbon, IL by Home Value

 

Glen Carbon, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Glen Carbon area can be challenging. Home prices in Glen Carbon are now at a median cost of $270,337, higher than the Illinois average of $242,002.

The average cost of rent is $992/mo in Glen Carbon, primarily driven by the current value of real estate in the Glen Carbon area. While nearly 34.48% of residents own their homes outright in Glen Carbon, 30.03% rent.

Housing affordability isn’t just about home prices, though. The average household income in Glen Carbon is $7,616 per month. Households that rent pay about 13.02% of their income on rent here. Glen Carbon's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.


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