Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Menard area can be challenging. Home prices in Menard are now at a median cost of $131,040, lower than the Illinois average of $242,002.
The average cost of rent is $726/mo in Menard, primarily driven by the current value of real estate in the Menard area. While nearly 55.49% of residents own their homes outright in Menard, 11.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Menard is $5,309 per month. Households that rent pay about 13.67% of their income on rent here. Menard's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Ellis Grove, IL: equally priced homes
- Reily Lake, IL: higher priced homes
- St. Mary, IL: higher priced homes
- Walsh, IL: higher priced homes
- Evansville, IL: less expensive homes
- Chester, IL: equally priced homes
- Modoc, IL: less expensive homes
- Preston, IL: less expensive homes
- Welge, IL: higher priced homes
- Ruma, IL: less expensive homes
Cities with Similar Populations
- Realitos, TX: less expensive homes
- Nolan, TX: less expensive homes
- Nolo, PA: less expensive homes
- Nonpareil, OR: higher priced homes
- Noone, NH: higher priced homes
- Norristown, IN: equally priced homes
- North Bangor, PA: higher priced homes
- North Bay, WI: higher priced homes
- North Bridgton, ME: higher priced homes
- North Brookfield, NY: less expensive homes
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