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Affordable
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These days, finding an affordable place to live in the Hamilton area can be challenging. Home prices in Hamilton are now at a median cost of $140,191, lower than the Illinois average of $300,242.
The average cost of rent is $921/mo in Hamilton, primarily driven by the current value of real estate in the Hamilton area. In Hamilton, 25.80% of households rent, and 52.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hamilton is $5,579 per month. Households that rent pay about 16.51% of their income on rent here. Hamilton’s most expensive areas are in the northern 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
- Keokuk, IA: less expensive homes
- Elvaston, IL: equally priced homes
- Elderville, IL: equally priced homes
- Warsaw, IL: less expensive homes
- Mooar, IA: higher priced homes
- Summitville, IA: higher priced homes
- Alexandria, MO: equally priced homes
- Adrian, IL: equally priced homes
- McCall, IL: equally priced homes
- Basco, IL: less expensive homes
Cities with Similar Populations
- Girard, KS: less expensive homes
- Pine City, NY: higher priced homes
- Somis, CA: higher priced homes
- Kiefer, OK: higher priced homes
- Islamorada, FL: higher priced homes
- Grantville, PA: higher priced homes
- Garner, IA: higher priced homes
- Flora, IN: higher priced homes
- Elsie, MI: higher priced homes
- Elm Springs, AR: higher priced homes
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