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These days, finding an affordable place to live in the Macedonia area can be challenging. Home prices in Macedonia are now at a median cost of $176,667, lower than the Illinois average of $300,242.
The average cost of rent is $787/mo in Macedonia, primarily driven by the current value of real estate in the Macedonia area. In Macedonia, 12.94% of households rent, and 65.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Macedonia is $5,798 per month. Households that rent pay about 13.57% of their income on rent here. Macedonia’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Akin, IL: less expensive homes
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- West End, IL: equally priced homes
Cities with Similar Populations
- Waccabuc, NY: higher priced homes
- Bradford, IL: less expensive homes
- Brunswick, MI: equally priced homes
- Cadiz, IN: equally priced homes
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- Chadwick, IL: less expensive homes
- Topping, VA: higher priced homes
- Troy, MS: less expensive homes
- Vashti, NC: equally priced homes
- Akers, LA: higher priced homes
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