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Affordable
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These days, finding an affordable place to live in the Honey Bend area can be challenging. Home prices in Honey Bend are now at a median cost of $196,379, lower than the Illinois average of $300,242.
The average cost of rent is $707/mo in Honey Bend, primarily driven by the current value of real estate in the Honey Bend area. In Honey Bend, 12.89% of households rent, and 49.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Honey Bend is $8,418 per month. Households that rent pay about 8.39% of their income on rent here. Honey Bend’s most expensive areas are in the central 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
- Litchfield, IL: less expensive homes
- Butler, IL: less expensive homes
- Raymond, IL: less expensive homes
- Hornsby, IL: less expensive homes
- Hillsboro, IL: less expensive homes
- Waggoner, IL: less expensive homes
- Schram City, IL: less expensive homes
- Harvel, IL: less expensive homes
- Atwater, IL: less expensive homes
- Womac, IL: less expensive homes
Cities with Similar Populations
- Gibbsville, WI: higher priced homes
- Tehama, CA: higher priced homes
- Taylorstown, VA: higher priced homes
- Taylor, FL: higher priced homes
- Tannery, KY: less expensive homes
- Tallman, MI: less expensive homes
- Gimlet, KY: less expensive homes
- Gilpin, KY: less expensive homes
- Gifford, IN: higher priced homes
- Thackery, OH: equally priced homes
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