Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Grand Chain area can be challenging. Home prices in Grand Chain are now at a median cost of $79,201, lower than the Illinois average of $242,002.
The average cost of rent is $641/mo in Grand Chain, primarily driven by the current value of real estate in the Grand Chain area. While nearly 69.44% of residents own their homes outright in Grand Chain, 16.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in Grand Chain is $4,911 per month. Households that rent pay about 13.05% of their income on rent here. Grand Chain's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Hillerman, IL: higher priced homes
- Karnak, IL: equally priced homes
- New Grand Chain, IL: less expensive homes
- Ragland, KY: higher priced homes
- Mermet, IL: higher priced homes
- Bandana, KY: higher priced homes
- Joppa, IL: higher priced homes
- Belknap, IL: higher priced homes
- Grinnell, IL: higher priced homes
- Oscar, KY: higher priced homes
Cities with Similar Populations
- Webb, OH: higher priced homes
- Wallaceton, PA: higher priced homes
- Walnut Hill, FL: higher priced homes
- Wanderoos, WI: higher priced homes
- Ward Ridge, FL: higher priced homes
- Warriormine, WV: less expensive homes
- Waterford, MN: higher priced homes
- Waters Bluff, TX: higher priced homes
- Waverly, WA: higher priced homes
- Wallace, AR: equally priced homes
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