The Most Affordable Neighborhoods in Kilbourne, IL by Home Value

These days, finding an affordable place to live in the Kilbourne area can be challenging. Home prices in Kilbourne are now at a median cost of $105,852, lower than the Illinois average of $300,242.

The average cost of rent is $774/mo in Kilbourne, primarily driven by the current value of real estate in the Kilbourne area. In Kilbourne, 11.03% of households rent, and 51.91% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Kilbourne is $4,624 per month. Households that rent pay about 16.73% of their income on rent here. Kilbourne’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.

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