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These days, finding an affordable place to live in the Greenfield area can be challenging. Home prices in Greenfield are now at a median cost of $122,663, lower than the Illinois average of $300,242.
The average cost of rent is $827/mo in Greenfield, primarily driven by the current value of real estate in the Greenfield area. In Greenfield, 22.45% of households rent, and 47.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Greenfield is $6,452 per month. Households that rent pay about 12.81% of their income on rent here. Greenfield’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rockbridge, IL: less expensive homes
- Wrights, IL: equally priced homes
- Hagaman, IL: higher priced homes
- Hettick, IL: higher priced homes
- Chesterfield, IL: higher priced homes
- Enos, IL: higher priced homes
- Carrollton, IL: equally priced homes
- Medora, IL: higher priced homes
- Summerville, IL: higher priced homes
- Palmyra, IL: equally priced homes
Cities with Similar Populations
- Mountain City, GA: higher priced homes
- Red Level, AL: less expensive homes
- Prairie, MS: less expensive homes
- Potlatch, ID: higher priced homes
- Pine Level, AL: higher priced homes
- Pine Hill, TN: higher priced homes
- Pine Hill, AL: less expensive homes
- Parks, LA: higher priced homes
- Ossun, LA: less expensive homes
- Osborne, KS: less expensive homes
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