Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lane area can be challenging. Home prices in Lane are now at a median cost of $148,463, lower than the Illinois average of $242,002.
The average cost of rent is $702/mo in Lane, primarily driven by the current value of real estate in the Lane area. While nearly 33.83% of residents own their homes outright in Lane, 17.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lane is $7,211 per month. Households that rent pay about 9.73% of their income on rent here. Lane's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Dewitt, IL: higher priced homes
- Weldon, IL: equally priced homes
- Clinton, IL: less expensive homes
- Ospur, IL: equally priced homes
- Wapella, IL: higher priced homes
- Parnell, IL: higher priced homes
- Jenkins, IL: equally priced homes
- Maroa, IL: equally priced homes
- DeLand, IL: less expensive homes
- Farmer City, IL: equally priced homes
Cities with Similar Populations
- Skerry, NY: less expensive homes
- Shady Hills, IN: equally priced homes
- Sherwood Shores, KY: higher priced homes
- Shiloh, SC: less expensive homes
- Shirley, WI: higher priced homes
- Shorewood, OR: higher priced homes
- Sikes, LA: less expensive homes
- Silver Beach, WA: higher priced homes
- Skamokawa, WA: higher priced homes
- Ninemile, MT: higher priced homes
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