
Home Price Key
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 $150,851, lower than the Illinois average of $242,002.
The average cost of rent is $981/mo in L'Erable, primarily driven by the current value of real estate in the L'Erable area. While nearly 47.95% of residents own their homes outright in L'Erable, 20.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in L'Erable is $6,609 per month. Households that rent pay about 14.84% of their income on rent here. L'Erable's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Martinton, IL: less expensive homes
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- Papineau, IL: less expensive homes
- Sammons Point, IL: equally priced homes
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Cities with Similar Populations
- Lester, AR: less expensive homes
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- Sebec, ME: higher priced homes
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- Long Beach, MD: higher priced homes
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- Locke Mills, ME: higher priced homes
- Little Pine, MN: higher priced homes
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