Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ludlow area can be challenging. Home prices in Ludlow are now at a median cost of $130,571, lower than the Illinois average of $242,002.
The average cost of rent is $539/mo in Ludlow, primarily driven by the current value of real estate in the Ludlow area. While nearly 38.14% of residents own their homes outright in Ludlow, 19.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ludlow is $5,534 per month. Households that rent pay about 9.74% of their income on rent here. Ludlow's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Rantoul, IL: less expensive homes
- Prospect, IL: higher priced homes
- Paxton, IL: less expensive homes
- Perdueville, IL: less expensive homes
- Tomlinson, IL: higher priced homes
- Gifford, IL: higher priced homes
- Elliott, IL: equally priced homes
- Thomasboro, IL: equally priced homes
- Loda, IL: higher priced homes
- Clarence, IL: equally priced homes
Cities with Similar Populations
- Uswick, PA: higher priced homes
- Bradford, MN: higher priced homes
- Winger, MN: higher priced homes
- Bremo Bluff, VA: higher priced homes
- Broom Hill, IN: higher priced homes
- Wing, AL: less expensive homes
- Bumpus Mills, TN: higher priced homes
- Burnsville, WV: less expensive homes
- Tuftonboro, NH: higher priced homes
- Caney, LA: higher priced homes
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