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Affordable
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These days, finding an affordable place to live in the Graymont area can be challenging. Home prices in Graymont are now at a median cost of $243,220, lower than the Illinois average of $300,242.
The average cost of rent is $808/mo in Graymont, primarily driven by the current value of real estate in the Graymont area. In Graymont, 20.11% of households rent, and 44.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Graymont is $8,812 per month. Households that rent pay about 9.17% of their income on rent here. Graymont’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Flanagan, IL: less expensive homes
- Rowe, IL: less expensive homes
- Ocoya, IL: higher priced homes
- Pontiac, IL: less expensive homes
- Meadows, IL: less expensive homes
- McDowell, IL: higher priced homes
- Cornell, IL: less expensive homes
- Chenoa, IL: less expensive homes
- Spires, IL: less expensive homes
- Long Point, IL: less expensive homes
Cities with Similar Populations
- Owls Head, NY: less expensive homes
- Note, GA: less expensive homes
- Nyac, AK: less expensive homes
- Oak Hill, KY: less expensive homes
- Oakland Mills, IA: equally priced homes
- Ogg, TX: higher priced homes
- Ohio Furnace, OH: less expensive homes
- Old Du Quoin, IL: less expensive homes
- Old Town, IA: higher priced homes
- Oral Lake, WV: higher priced homes
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