Expensive
Affordable
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These days, finding an affordable place to live in the McDowell area can be challenging. Home prices in McDowell are now at a median cost of $292,100, lower than the Illinois average of $300,242.
The average cost of rent is $750/mo in McDowell, primarily driven by the current value of real estate in the McDowell area. In McDowell, 7.65% of households rent, and 53.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McDowell is $10,729 per month. Households that rent pay about 6.99% of their income on rent here. McDowell’s most expensive areas are in the central 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
- Pontiac, IL: less expensive homes
- Swygert, IL: equally priced homes
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- Rugby, IL: less expensive homes
- Wing, IL: less expensive homes
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Cities with Similar Populations
- Allendale, MO: less expensive homes
- Allendale, NY: less expensive homes
- Alvadore, OR: higher priced homes
- Ambler, AK: less expensive homes
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- Pocopson, PA: higher priced homes
- Poplar Hill, TN: less expensive homes
- Pleasanton, IA: less expensive homes
- Pleasant Lake, MN: equally priced homes
- Pleasant Grove, AR: less expensive homes
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