Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lovejoy area can be challenging. Home prices in Lovejoy are now at a median cost of $57,913, lower than the Illinois average of $242,002.
The average cost of rent is $496/mo in Lovejoy, primarily driven by the current value of real estate in the Lovejoy area. While nearly 72.57% of residents own their homes outright in Lovejoy, 42.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lovejoy is $1,998 per month. Households that rent pay about 24.81% of their income on rent here. Lovejoy's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Brooklyn, IL: less expensive homes
- Venice, IL: less expensive homes
- Madison, IL: higher priced homes
- Fairmont City, IL: higher priced homes
- East St. Louis, IL: equally priced homes
- Washington Park, IL: less expensive homes
- Granite City, IL: higher priced homes
- Sauget, IL: less expensive homes
- Alorton, IL: less expensive homes
- Centreville, IL: less expensive homes
Cities with Similar Populations
- Taylorstown, PA: higher priced homes
- Dilts Corner, NJ: higher priced homes
- Diorite, MI: higher priced homes
- Suwannee Springs, FL: higher priced homes
- Sylvan, MN: higher priced homes
- Sylvester, MI: higher priced homes
- Tarentum, AL: higher priced homes
- Taylor, NE: higher priced homes
- Taylors Bridge, NC: higher priced homes
- Dillard, OR: higher priced homes
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