Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Louisville area can be challenging. Home prices in Louisville are now at a median cost of $80,138, lower than the Illinois average of $242,002.
The average cost of rent is $678/mo in Louisville, primarily driven by the current value of real estate in the Louisville area. While nearly 56.83% of residents own their homes outright in Louisville, 32.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Louisville is $3,735 per month. Households that rent pay about 18.15% of their income on rent here. Louisville's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Iola, IL: higher priced homes
- Riffle, IL: higher priced homes
- Hord, IL: higher priced homes
- Sailor Springs, IL: higher priced homes
- Flora, IL: higher priced homes
- Oskaloosa, IL: higher priced homes
- Ingraham, IL: higher priced homes
- Eberle, IL: higher priced homes
- Clay City, IL: higher priced homes
- Edgewood, IL: higher priced homes
Cities with Similar Populations
- Payne, OH: higher priced homes
- Hudson, IN: higher priced homes
- Humboldt, KS: higher priced homes
- Jal, NM: higher priced homes
- Jeffersonton, VA: higher priced homes
- Keego Harbor, MI: higher priced homes
- Andrews, IN: higher priced homes
- Kremmling, CO: higher priced homes
- La Fontaine, IN: higher priced homes
- Lena, WI: higher priced homes
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