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Affordable
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These days, finding an affordable place to live in the Horseshoe area can be challenging. Home prices in Horseshoe are now at a median cost of $158,768, lower than the Illinois average of $300,242.
The average cost of rent is $730/mo in Horseshoe, primarily driven by the current value of real estate in the Horseshoe area. In Horseshoe, 6.78% of households rent, and 62.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Horseshoe is $5,358 per month. Households that rent pay about 13.63% of their income on rent here. Horseshoe’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Equality, IL: less expensive homes
- Somerset, IL: equally priced homes
- Wasson, IL: less expensive homes
- Garden Heights, IL: less expensive homes
- Muddy, IL: less expensive homes
- Eldorado, IL: less expensive homes
- Pankeyville, IL: equally priced homes
- Junction, IL: less expensive homes
- Harrisburg, IL: less expensive homes
- Rudement, IL: equally priced homes
Cities with Similar Populations
- Roper, KS: less expensive homes
- Monowi, NE: less expensive homes
- Monrovia, KS: higher priced homes
- Montague, MT: higher priced homes
- Monterey, WI: higher priced homes
- Monticello, LA: less expensive homes
- Moray, KS: higher priced homes
- Morrison Heights, NY: higher priced homes
- Morrow, AR: higher priced homes
- Mount Airy, VA: equally priced homes
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