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Affordable
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These days, finding an affordable place to live in the Mode area can be challenging. Home prices in Mode are now at a median cost of $128,905, lower than the Illinois average of $300,242.
The average cost of rent is $738/mo in Mode, primarily driven by the current value of real estate in the Mode area. In Mode, 1.31% of households rent, and 67.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mode is $5,835 per month. Households that rent pay about 12.64% of their income on rent here. Mode’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Holland, IL: equally priced homes
- Cowden, IL: less expensive homes
- Beecher City, IL: less expensive homes
- Holliday, IL: higher priced homes
- Stewardson, IL: equally priced homes
- Lakewood Township, IL: higher priced homes
- Middlesworth, IL: higher priced homes
- Moccasin, IL: higher priced homes
- Shumway, IL: higher priced homes
- Strasburg, IL: higher priced homes
Cities with Similar Populations
- Long Creek, OR: higher priced homes
- Schley, GA: higher priced homes
- Sandtown, MS: higher priced homes
- Russian Mission, AK: less expensive homes
- Meggers, WI: higher priced homes
- Meeker, OH: higher priced homes
- Mecca, TX: higher priced homes
- McMillan, MS: higher priced homes
- McLaurin, MS: equally priced homes
- McClanahan, TX: higher priced homes
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