Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Granite City area can be challenging. Home prices in Granite City are now at a median cost of $91,923, lower than the Illinois average of $242,002.
The average cost of rent is $744/mo in Granite City, primarily driven by the current value of real estate in the Granite City area. While nearly 44.45% of residents own their homes outright in Granite City, 28.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Granite City is $4,593 per month. Households that rent pay about 16.21% of their income on rent here. Granite City's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Pontoon Beach, IL: higher priced homes
- Madison, IL: less expensive homes
- Venice, IL: less expensive homes
- Lovejoy, IL: less expensive homes
- Riverview, MO: less expensive homes
- Fairmont City, IL: less expensive homes
- Brooklyn, IL: less expensive homes
- Bellefontaine Neighbors, MO: less expensive homes
- Meadow Heights, IL: higher priced homes
- State Park Place, IL: higher priced homes
Cities with Similar Populations
- Alamo, TX: less expensive homes
- San Luis, AZ: higher priced homes
- Ossining, NY: higher priced homes
- Orange, NJ: higher priced homes
- Opelousas, LA: higher priced homes
- North Olmsted, OH: higher priced homes
- Nixa, MO: higher priced homes
- Mundelein, IL: higher priced homes
- Montrose, CO: higher priced homes
- Melrose Park, IL: higher priced homes
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