Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hennepin area can be challenging. Home prices in Hennepin are now at a median cost of $167,650, lower than the Illinois average of $242,002.
The average cost of rent is $714/mo in Hennepin, primarily driven by the current value of real estate in the Hennepin area. While nearly 38.30% of residents own their homes outright in Hennepin, 10.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hennepin is $7,149 per month. Households that rent pay about 9.98% of their income on rent here. Hennepin's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Bureau Junction, IL: less expensive homes
- Mark, IL: less expensive homes
- Granville, IL: less expensive homes
- DePue, IL: less expensive homes
- Putnam, IL: higher priced homes
- McNabb, IL: equally priced homes
- Standard, IL: less expensive homes
- Bureau, IL: higher priced homes
- Spring Valley, IL: less expensive homes
- Henry, IL: less expensive homes
Cities with Similar Populations
- Greeley, PA: equally priced homes
- Tumalo, OR: higher priced homes
- Tontogany, OH: higher priced homes
- Tillatoba, MS: less expensive homes
- Tiki Island, TX: higher priced homes
- Texhoma, OK: less expensive homes
- Tamworth, NH: higher priced homes
- Sunsweet, GA: less expensive homes
- Juniper, GA: less expensive homes
- Joppa, MI: equally priced homes
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