Expensive
Affordable
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These days, finding an affordable place to live in the Lee area can be challenging. Home prices in Lee are now at a median cost of $217,119, lower than the Illinois average of $300,242.
The average cost of rent is $1,099/mo in Lee, primarily driven by the current value of real estate in the Lee area. In Lee, 17.49% of households rent, and 32.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lee is $8,221 per month. Households that rent pay about 13.36% of their income on rent here. Lee’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
- Shabbona, IL: equally priced homes
- Steward, IL: equally priced homes
- Paw Paw, IL: less expensive homes
- Rollo, IL: higher priced homes
- Compton, IL: less expensive homes
- Waterman, IL: higher priced homes
- Creston, IL: less expensive homes
- Malta, IL: equally priced homes
- Elva, IL: equally priced homes
- Rochelle, IL: less expensive homes
Cities with Similar Populations
- Stillhouse Springs, MO: less expensive homes
- Huttig, AR: less expensive homes
- Iliff, CO: higher priced homes
- Ingleside, WV: less expensive homes
- Jenners, PA: less expensive homes
- Jupiter Inlet Colony, FL: higher priced homes
- Kelat, KY: less expensive homes
- King Ferry, NY: higher priced homes
- Southport, FL: higher priced homes
- Spaulding, OK: less expensive homes
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