Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hamlet area can be challenging. Home prices in Hamlet are now at a median cost of $148,492, lower than the Illinois average of $242,002.
The average cost of rent is $908/mo in Hamlet, primarily driven by the current value of real estate in the Hamlet area. While nearly 58.05% of residents own their homes outright in Hamlet, 18.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hamlet is $5,274 per month. Households that rent pay about 17.22% of their income on rent here. Hamlet's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Reynolds, IL: equally priced homes
- Millersburg, IL: equally priced homes
- Buffalo Prairie, IL: higher priced homes
- Aledo, IL: less expensive homes
- Taylor Ridge, IL: higher priced homes
- Matherville, IL: less expensive homes
- Preemption, IL: higher priced homes
- Joy, IL: less expensive homes
- Andalusia, IL: higher priced homes
- Illinois City, IL: higher priced homes
Cities with Similar Populations
- Arlington Beach, SD: higher priced homes
- Wende, AL: less expensive homes
- Bald Mountain, NY: higher priced homes
- Bakersfield, TX: less expensive homes
- Arispe, IA: less expensive homes
- Arden, NY: higher priced homes
- Antelope, MT: less expensive homes
- Angola on the Lake, NY: less expensive homes
- Ambler, AK: less expensive homes
- Alvadore, OR: higher priced homes
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