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These days, finding an affordable place to live in the La Place area can be challenging. Home prices in La Place are now at a median cost of $119,680, lower than the Illinois average of $300,242.
The average cost of rent is $975/mo in La Place, primarily driven by the current value of real estate in the La Place area. In La Place, 3.08% of households rent, and 61.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in La Place is $6,281 per month. Households that rent pay about 15.52% of their income on rent here. La Place’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lintner, IL: less expensive homes
- Lake City, IL: equally priced homes
- Cerro Gordo, IL: equally priced homes
- Hammond, IL: equally priced homes
- Oakley, IL: higher priced homes
- Long Creek, IL: higher priced homes
- Dalton City, IL: higher priced homes
- Lovington, IL: equally priced homes
- Mount Zion, IL: higher priced homes
- Voorhies, IL: equally priced homes
Cities with Similar Populations
- Rieth, OR: higher priced homes
- Rays Crossing, IN: higher priced homes
- Rebuck, PA: higher priced homes
- Red Rock, AL: higher priced homes
- Reed, PA: higher priced homes
- Reiffsburg, IN: higher priced homes
- Reliance, SD: higher priced homes
- Reo, IN: higher priced homes
- Rice Lake, MN: equally priced homes
- Rice, OH: higher priced homes
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