Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the L'Erable area can be challenging. Home prices in L'Erable are now at a median cost of $196,209, lower than the Illinois average of $300,242.
The average cost of rent is $912/mo in L'Erable, primarily driven by the current value of real estate in the L'Erable area. In L'Erable, 13.40% of households rent, and 39.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in L'Erable is $8,252 per month. Households that rent pay about 11.05% of their income on rent here. L'Erable’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Martinton, IL: less expensive homes
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Cities with Similar Populations
- Lester, AR: less expensive homes
- Sewal, IA: equally priced homes
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- Schofield, MO: higher priced homes
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- Long Beach, MD: higher priced homes
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- Locke Mills, ME: higher priced homes
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