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These days, finding an affordable place to live in the Kemp area can be challenging. Home prices in Kemp are now at a median cost of $122,685, lower than the Illinois average of $300,242.
The average cost of rent is $1,034/mo in Kemp, primarily driven by the current value of real estate in the Kemp area. In Kemp, 11.29% of households rent, and 63.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kemp is $5,902 per month. Households that rent pay about 17.52% of their income on rent here. Kemp’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hindsboro, IL: equally priced homes
- Hugo, IL: equally priced homes
- Filson, IL: higher priced homes
- Galton, IL: higher priced homes
- Camargo, IL: higher priced homes
- Arcola, IL: higher priced homes
- Rardin, IL: equally priced homes
- Murdock, IL: equally priced homes
- Tuscola, IL: higher priced homes
- Oakland, IL: less expensive homes
Cities with Similar Populations
- French River, MN: higher priced homes
- South Brice, TX: less expensive homes
- South Blue Hill, ME: higher priced homes
- Sonnette, MT: higher priced homes
- Somerville, PA: higher priced homes
- Gann Valley, SD: equally priced homes
- Galton, IL: higher priced homes
- Galena, IN: higher priced homes
- Wilson Lake Shores, AL: higher priced homes
- Fullerville, NY: higher priced homes
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