Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hope area can be challenging. Home prices in Hope are now at a median cost of $96,570, lower than the Illinois average of $242,002.
The average cost of rent is $668/mo in Hope, primarily driven by the current value of real estate in the Hope area. While nearly 47.06% of residents own their homes outright in Hope, 13.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hope is $5,253 per month. Households that rent pay about 12.71% of their income on rent here. Hope's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Collison, IL: higher priced homes
- Royal, IL: higher priced homes
- Armstrong, IL: higher priced homes
- Brothers, IL: higher priced homes
- Fithian, IL: higher priced homes
- Muncie, IL: higher priced homes
- Potomac, IL: higher priced homes
- Newtown, IL: higher priced homes
- Penfield, IL: higher priced homes
- Ogden, IL: higher priced homes
Cities with Similar Populations
- Womack, TX: higher priced homes
- Ingham Mills, NY: equally priced homes
- Woodland, IA: higher priced homes
- Iron Mountain, MO: higher priced homes
- Ironhills, IA: higher priced homes
- Irwin, CA: higher priced homes
- Ivanhoe, GA: higher priced homes
- Ivydell, TN: less expensive homes
- Jacques, ID: higher priced homes
- Jamesville, AL: equally priced homes
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