The Most Affordable Neighborhoods in McHenry County, IL by Home Value

 

McHenry County, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the McHenry County area can be challenging. Home prices in McHenry County are now at a median cost of $242,945, higher than the Illinois average of $242,002.

The average cost of rent is $1,403/mo in McHenry County, primarily driven by the current value of real estate in the McHenry County area. While nearly 28.52% of residents own their homes outright in McHenry County, 17.24% rent.

Housing affordability isn’t just about home prices, though. The average household income in McHenry County is $8,477 per month. Households that rent pay about 16.55% of their income on rent here. McHenry County's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the county.


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