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These days, finding an affordable place to live in the Glenarm area can be challenging. Home prices in Glenarm are now at a median cost of $304,942, higher than the Illinois average of $300,242.
The average cost of rent is $1,421/mo in Glenarm, primarily driven by the current value of real estate in the Glenarm area. In Glenarm, 5.20% of households rent, and 49.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Glenarm is $9,572 per month. Households that rent pay about 14.85% of their income on rent here. Glenarm’s most expensive areas are in the eastern 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
- Chatham, IL: less expensive homes
- Divernon, IL: less expensive homes
- Pawnee, IL: less expensive homes
- Auburn, IL: less expensive homes
- New City, IL: equally priced homes
- Southern View, IL: less expensive homes
- Thayer, IL: less expensive homes
- Sicily, IL: less expensive homes
- Jerome, IL: less expensive homes
- Curran, IL: equally priced homes
Cities with Similar Populations
- Bartlett, NH: higher priced homes
- Bladensburg, OH: less expensive homes
- Williamsburg, NM: less expensive homes
- Bonney, TX: less expensive homes
- Victoria, MS: less expensive homes
- Bee Branch, AR: less expensive homes
- Baxter Estates, NY: higher priced homes
- Bastrop Beach, TX: less expensive homes
- Woodhull, IL: less expensive homes
- Bangor, CA: higher priced homes
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