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Affordable
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These days, finding an affordable place to live in the Green Acres area can be challenging. Home prices in Green Acres are now at a median cost of $304,377, higher than the Illinois average of $300,242.
The average cost of rent is $1,144/mo in Green Acres, primarily driven by the current value of real estate in the Green Acres area. In Green Acres, 7.47% of households rent, and 53.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Green Acres is $12,610 per month. Households that rent pay about 9.07% of their income on rent here. Green Acres’s most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Archer, IL: less expensive homes
- Cantrall, IL: equally priced homes
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Cities with Similar Populations
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- Verdon, NE: less expensive homes
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