Home Price Key
Affordable
Average
Expensive
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 $110,846, lower than the Kentucky average of $164,895.
The average cost of rent is $727/mo in Mattoon, primarily driven by the current value of real estate in the Mattoon area. While nearly 55.88% of residents own their homes outright in Mattoon, 18.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mattoon is $4,451 per month. Households that rent pay about 16.33% 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.
Nearby Cities
- Repton, KY: higher priced homes
- Blackford, KY: equally priced homes
- Tribune, KY: higher priced homes
- Crayne, KY: equally priced homes
- Marion, KY: equally priced homes
- Cave In Rock, IL: equally priced homes
- Sullivan, KY: higher priced homes
- Lamb, IL: equally priced homes
- Sturgis, KY: less expensive homes
- Sheridan, KY: less expensive homes
Cities with Similar Populations
- Ponderosa Heights, NM: less expensive homes
- Oatland, SC: higher 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: higher priced homes
- Pioneer, MO: equally priced homes
- Platoro, CO: higher priced homes
- Plevna, IN: higher priced homes
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