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Affordable
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These days, finding an affordable place to live in the Momence area can be challenging. Home prices in Momence are now at a median cost of $234,100, higher than the Indiana average of $232,932.
The average cost of rent is $947/mo in Momence, primarily driven by the current value of real estate in the Momence area. In Momence, 17.03% of households rent, and 27.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Momence is $6,769 per month. Households that rent pay about 13.99% of their income on rent here. Momence’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
- Illiana Heights, IL: less expensive homes
- Shadow Lawn, IL: less expensive homes
- Lake Village, IN: equally priced homes
- Schneider, IN: higher priced homes
- Pembroke Township, IL: less expensive homes
- Sumava Resorts, IN: equally priced homes
- Hopkins Park, IL: less expensive homes
- Momence, IL: less expensive homes
- Sherburnville, IL: higher priced homes
- Grant Park, IL: equally priced homes
Cities with Similar Populations
- Rocky Point, OR: equally priced homes
- Osanippa, AL: higher priced homes
- Owattonna, SD: less expensive homes
- Rand, WV: less expensive homes
- Rawhide, VA: less expensive homes
- Reevytown, NJ: higher priced homes
- Relief, KY: less expensive homes
- Riverside, NV: higher priced homes
- Riverside, OR: equally priced homes
- Riverside Park, OH: less expensive homes
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