Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Madison County area can be challenging. Home prices in Madison County are now at a median cost of $176,368, lower than the Illinois average of $242,002.
The average cost of rent is $919/mo in Madison County, primarily driven by the current value of real estate in the Madison County area. While nearly 35.98% of residents own their homes outright in Madison County, 26.06% rent.
Housing affordability isn’t just about home prices, though. The average household income in Madison County is $6,312 per month. Households that rent pay about 14.55% of their income on rent here. Madison County's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the county.
Nearby Counties
- Bond County, IL: less expensive homes
- St. Charles County, MO: higher priced homes
- Lincoln County, MO: higher priced homes
- Fayette County, IL: less expensive homes
- Warren County, MO: higher priced homes
- Montgomery County, MO: less expensive homes
- Clay County, IL: less expensive homes
- Richland County, IL: less expensive homes
- Callaway County, MO: equally priced homes
- Lawrence County, IL: less expensive homes
Counties with Similar Populations
- Clayton County, GA: less expensive homes
- Caddo Parish, LA: equally priced homes
- Calcasieu Parish, LA: higher priced homes
- Canyon County, ID: higher priced homes
- Champaign County, IL: equally priced homes
- Warren County, OH: higher priced homes
- Chatham County, GA: higher priced homes
- Cherokee County, GA: higher priced homes
- Chesapeake City, VA: higher priced homes
- Chesterfield County, VA: higher priced homes
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