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These days, finding an affordable place to live in the Lotus area can be challenging. Home prices in Lotus are now at a median cost of $256,703, lower than the Illinois average of $300,242.
The average cost of rent is $935/mo in Lotus, primarily driven by the current value of real estate in the Lotus area. In Lotus, 10.37% of households rent, and 31.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lotus is $8,126 per month. Households that rent pay about 11.51% of their income on rent here. Lotus’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Osman, IL: higher priced homes
- Foosland, IL: less expensive homes
- Fisher, IL: less expensive homes
- Bellflower, IL: less expensive homes
- Harpster, IL: less expensive homes
- Dewey, IL: higher priced homes
- Glen Avon, IL: equally priced homes
- Mahomet, IL: higher priced homes
- Mansfield, IL: less expensive homes
- Kumler, IL: less expensive homes
Cities with Similar Populations
- White, AR: less expensive homes
- Ivy Grove, KY: less expensive homes
- Jamestown, IL: less expensive homes
- Jamieson, OR: equally priced homes
- Jardine, MT: higher priced homes
- Jared, WA: higher priced homes
- Jasper, OR: higher priced homes
- Joynes, NC: less expensive homes
- Keene, KS: less expensive homes
- Kellacey, KY: less expensive homes
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