Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Irene area can be challenging. Home prices in Irene are now at a median cost of $204,874, lower than the Illinois average of $242,002.
The average cost of rent is $1,132/mo in Irene, primarily driven by the current value of real estate in the Irene area. While nearly 31.17% of residents own their homes outright in Irene, 6.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Irene is $8,477 per month. Households that rent pay about 13.35% of their income on rent here. Irene's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Cherry Valley, IL: less expensive homes
- Belvidere, IL: less expensive homes
- Kirkland, IL: less expensive homes
- Kingston, IL: equally priced homes
- Monroe Center, IL: less expensive homes
- New Milford, IL: less expensive homes
- Garden Prairie, IL: equally priced homes
- Morristown, IL: less expensive homes
- Timberlane, IL: higher priced homes
- Rockford, IL: less expensive homes
Cities with Similar Populations
- Climax, NY: equally priced homes
- Torrance, PA: less expensive homes
- Tocowa, MS: less expensive homes
- Theodore, MD: higher priced homes
- Terra Ceia, NC: less expensive homes
- Tenth Legion, VA: less expensive homes
- Sylvester, MI: less expensive homes
- Comins, MI: less expensive homes
- Combs, KY: less expensive homes
- Columbia, IA: less expensive homes
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