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These days, finding an affordable place to live in the Junction City area can be challenging. Home prices in Junction City are now at a median cost of $116,539, lower than the Illinois average of $300,242.
The average cost of rent is $921/mo in Junction City, primarily driven by the current value of real estate in the Junction City area. In Junction City, 18.55% of households rent, and 57.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Junction City is $4,848 per month. Households that rent pay about 18.99% of their income on rent here. Junction City’s most expensive areas are in the northwestern 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.
Nearby Cities
- Central City, IL: less expensive homes
- Sandoval, IL: less expensive homes
- Centralia, IL: less expensive homes
- Odin, IL: higher priced homes
- Wamac, IL: less expensive homes
- Ferrin, IL: higher priced homes
- Hubbard Woods, IL: equally priced homes
- Hoffman, IL: higher priced homes
- Selmaville, IL: equally priced homes
- Walnut Hill, IL: higher priced homes
Cities with Similar Populations
- Natura, OK: higher priced homes
- Old Milo, AR: less expensive homes
- North Hodge, LA: less expensive homes
- Noorvik, AK: higher priced homes
- Nine Times, SC: higher priced homes
- Newtonville, NJ: higher priced homes
- New Munich, MN: higher priced homes
- New Ireland, PA: higher priced homes
- New Houlka, MS: less expensive homes
- New Hebron, IL: higher priced homes
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