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These days, finding an affordable place to live in the Illinois Bend area can be challenging. Home prices in Illinois Bend are now at a median cost of $291,590, lower than the Texas average of $322,096.
The average cost of rent is $1,098/mo in Illinois Bend, primarily driven by the current value of real estate in the Illinois Bend area. In Illinois Bend, 14.68% of households rent, and 75.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Illinois Bend is $6,912 per month. Households that rent pay about 15.89% of their income on rent here. Illinois Bend’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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