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These days, finding an affordable place to live in the Loda area can be challenging. Home prices in Loda are now at a median cost of $207,634, lower than the Illinois average of $300,242.
The average cost of rent is $863/mo in Loda, primarily driven by the current value of real estate in the Loda area. In Loda, 4.11% of households rent, and 41.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Loda is $8,760 per month. Households that rent pay about 9.85% of their income on rent here. Loda’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
- Paxton, IL: less expensive homes
- Buckley, IL: less expensive homes
- Perdueville, IL: less expensive homes
- Clarence, IL: less expensive homes
- Roberts, IL: less expensive homes
- Melvin, IL: less expensive homes
- Thawville, IL: less expensive homes
- Ludlow, IL: less expensive homes
- Cissna Park, IL: less expensive homes
- Elliott, IL: less expensive homes
Cities with Similar Populations
- Woodstock Valley, CT: higher priced homes
- Albers, IL: equally priced homes
- Tison, GA: less expensive homes
- Tyndall, SD: less expensive homes
- Carlsbad, TX: higher priced homes
- Callao, VA: higher priced homes
- Broaddus, TX: less expensive homes
- Bloomington Springs, TN: equally priced homes
- Biltmore Forest, NC: higher priced homes
- Benedict, MD: higher priced homes
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