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These days, finding an affordable place to live in the Mattoon area can be challenging. Home prices in Mattoon are now at a median cost of $177,747, lower than the Kentucky average of $219,615.
The average cost of rent is $886/mo in Mattoon, primarily driven by the current value of real estate in the Mattoon area. In Mattoon, 20.48% of households rent, and 59.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mattoon is $7,110 per month. Households that rent pay about 12.47% of their income on rent here. Mattoon’s most expensive areas are in the eastern 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
- Repton, KY: higher priced homes
- Blackford, KY: equally priced homes
- Tribune, KY: equally priced homes
- Crayne, KY: less expensive homes
- Marion, KY: less expensive homes
- Cave In Rock, IL: less expensive homes
- Sullivan, KY: less expensive homes
- Lamb, IL: less expensive homes
- Sturgis, KY: less expensive homes
- Sheridan, KY: less expensive homes
Cities with Similar Populations
- Ponderosa Heights, NM: less expensive homes
- Oatland, SC: equally priced homes
- Ocean Beach, NY: higher priced homes
- Odd, WV: less expensive homes
- Ogden, AR: less expensive homes
- Old Salem, TX: less expensive homes
- Ovid, CO: less expensive homes
- Pioneer, MO: higher priced homes
- Platoro, CO: higher priced homes
- Plevna, IN: higher priced homes
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