The Most Affordable Neighborhoods in Long Point, IL by Home Value

 

Long Point, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Long Point area can be challenging. Home prices in Long Point are now at a median cost of $154,723, lower than the Illinois average of $242,002.

The average cost of rent is $1,085/mo in Long Point, primarily driven by the current value of real estate in the Long Point area. While nearly 63.05% of residents own their homes outright in Long Point, 12.97% rent.

Housing affordability isn’t just about home prices, though. The average household income in Long Point is $7,315 per month. Households that rent pay about 14.83% of their income on rent here. Long Point's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.


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