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These days, finding an affordable place to live in the Mansfield area can be challenging. Home prices in Mansfield are now at a median cost of $199,885, lower than the Illinois average of $300,242.
The average cost of rent is $959/mo in Mansfield, primarily driven by the current value of real estate in the Mansfield area. In Mansfield, 16.37% of households rent, and 41.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mansfield is $7,756 per month. Households that rent pay about 12.36% of their income on rent here. Mansfield’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Galesville, IL: higher priced homes
- Harris, IL: higher priced homes
- Mahomet, IL: higher priced homes
- Osman, IL: higher priced homes
- White Heath, IL: higher priced homes
- Farmer City, IL: less expensive homes
- Kumler, IL: higher priced homes
- Seymour, IL: higher priced homes
- Lotus, IL: higher priced homes
- DeLand, IL: less expensive homes
Cities with Similar Populations
- Lennon Crossroads, NC: higher priced homes
- Mulkeytown, IL: less expensive homes
- Monterey, LA: less expensive homes
- Mindoro, WI: higher priced homes
- Milan, GA: less expensive homes
- Mignon, AL: less expensive homes
- Mexican Springs, NM: less expensive homes
- McPherson, GA: higher priced homes
- Martville, NY: less expensive homes
- Lyme, NH: higher priced homes
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