Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Loami area can be challenging. Home prices in Loami are now at a median cost of $98,830, lower than the Illinois average of $242,002.
The average cost of rent is $934/mo in Loami, primarily driven by the current value of real estate in the Loami area. While nearly 42.74% of residents own their homes outright in Loami, 18.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Loami is $4,346 per month. Households that rent pay about 21.49% of their income on rent here. Loami's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- New Berlin, IL: higher priced homes
- Curran, IL: higher priced homes
- Berlin, IL: higher priced homes
- Waverly, IL: equally priced homes
- Auburn, IL: higher priced homes
- Chatham, IL: higher priced homes
- Orleans, IL: higher priced homes
- Thayer, IL: higher priced homes
- Glenarm, IL: higher priced homes
- Rees, IL: higher priced homes
Cities with Similar Populations
- Alhambra, IL: higher priced homes
- Altamont, TN: less expensive homes
- Anita, IA: equally priced homes
- Ringwood, OK: equally priced homes
- Palisades, NY: higher priced homes
- Pine Meadow, CT: higher priced homes
- Pinesdale, MT: higher priced homes
- Primghar, IA: higher priced homes
- Quicksburg, VA: higher priced homes
- Ramah, NM: equally priced homes
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