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Affordable
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These days, finding an affordable place to live in the Hinckley area can be challenging. Home prices in Hinckley are now at a median cost of $311,521, higher than the Illinois average of $300,242.
The average cost of rent is $1,356/mo in Hinckley, primarily driven by the current value of real estate in the Hinckley area. In Hinckley, 21.43% of households rent, and 27.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hinckley is $7,608 per month. Households that rent pay about 17.83% of their income on rent here. Hinckley’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Troxel, IL: higher priced homes
- Big Rock, IL: equally priced homes
- Waterman, IL: less expensive homes
- Kaneville, IL: higher priced homes
- Elva, IL: less expensive homes
- Sandwich, IL: less expensive homes
- Plano, IL: less expensive homes
- Somonauk, IL: less expensive homes
- Maple Park, IL: equally priced homes
- Cortland, IL: less expensive homes
Cities with Similar Populations
- Wyoming, RI: higher priced homes
- Salineville, OH: less expensive homes
- Smithdale, MS: less expensive homes
- Somerset, CA: higher priced homes
- Boston, GA: less expensive homes
- South Royalton, VT: less expensive homes
- Kimball, MN: higher priced homes
- Jeffersonville, GA: less expensive homes
- Hiram, OH: less expensive homes
- Hickory Grove, VA: higher priced homes
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