Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mahomet area can be challenging. Home prices in Mahomet are now at a median cost of $232,480, lower than the Illinois average of $242,002.
The average cost of rent is $1,124/mo in Mahomet, primarily driven by the current value of real estate in the Mahomet area. While nearly 25.78% of residents own their homes outright in Mahomet, 13.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mahomet is $9,016 per month. Households that rent pay about 12.46% of their income on rent here. Mahomet's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Bondville, IL: less expensive homes
- Mansfield, IL: less expensive homes
- Osman, IL: higher priced homes
- Seymour, IL: less expensive homes
- Dewey, IL: equally priced homes
- Fisher, IL: less expensive homes
- Lotus, IL: less expensive homes
- White Heath, IL: equally priced homes
- Galesville, IL: equally priced homes
- Champaign, IL: less expensive homes
Cities with Similar Populations
- Townsend, DE: higher priced homes
- Coto Laurel, PR: less expensive homes
- Cottonwood, CA: higher priced homes
- Crete, IL: less expensive homes
- Danville, PA: less expensive homes
- Dayton, NV: higher priced homes
- Decatur, IN: less expensive homes
- DeForest, WI: higher priced homes
- Swampscott, MA: higher priced homes
- Swansea, IL: less expensive homes
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