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Affordable
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These days, finding an affordable place to live in the Lowpoint area can be challenging. Home prices in Lowpoint are now at a median cost of $212,811, lower than the Illinois average of $300,242.
The average cost of rent is $929/mo in Lowpoint, primarily driven by the current value of real estate in the Lowpoint area. In Lowpoint, 4.87% of households rent, and 41.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lowpoint is $6,630 per month. Households that rent pay about 14.01% of their income on rent here. Lowpoint’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Washburn, IL: less expensive homes
- Wilbern, IL: less expensive homes
- Metamora, IL: equally priced homes
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- La Rose, IL: less expensive homes
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- Spring Bay, IL: less expensive homes
- Germantown Hills, IL: higher priced homes
Cities with Similar Populations
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- Olympian Village, MO: less expensive homes
- Oxlip, MN: higher priced homes
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