Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hugo area can be challenging. Home prices in Hugo are now at a median cost of $106,400, lower than the Illinois average of $242,002.
The average cost of rent is $919/mo in Hugo, primarily driven by the current value of real estate in the Hugo area. While nearly 61.73% of residents own their homes outright in Hugo, 8.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hugo is $4,488 per month. Households that rent pay about 20.48% of their income on rent here. Hugo's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Camargo, IL: higher priced homes
- Kemp, IL: equally priced homes
- Hindsboro, IL: less expensive homes
- Murdock, IL: equally priced homes
- West Ridge, IL: equally priced homes
- Galton, IL: higher priced homes
- Filson, IL: higher priced homes
- Tuscola, IL: higher priced homes
- Villa Grove, IL: equally priced homes
- Arcola, IL: higher priced homes
Cities with Similar Populations
- Micola, MO: higher priced homes
- McKee, PA: higher priced homes
- Wiest, CA: higher priced homes
- McNeals Corner, VA: higher priced homes
- McPhersonville, SC: equally priced homes
- Medix Run, PA: less expensive homes
- Wick, WV: less expensive homes
- Wichert, IL: higher priced homes
- Mellwood, AR: less expensive homes
- Whitewood, KY: higher priced homes
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