Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morgan County area can be challenging. Home prices in Morgan County are now at a median cost of $109,251, lower than the Illinois average of $242,002.
The average cost of rent is $706/mo in Morgan County, primarily driven by the current value of real estate in the Morgan County area. While nearly 41.06% of residents own their homes outright in Morgan County, 30.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morgan County is $4,857 per month. Households that rent pay about 14.54% of their income on rent here. Morgan County's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the county.
Nearby Counties
- Scott County, IL: less expensive homes
- Sangamon County, IL: higher priced homes
- Pike County, IL: less expensive homes
- Marion County, MO: higher priced homes
- Macon County, IL: equally priced homes
- Moultrie County, IL: higher priced homes
- Shelby County, MO: less expensive homes
- Douglas County, IL: higher priced homes
- Macon County, MO: equally priced homes
- Edgar County, IL: less expensive homes
Counties with Similar Populations
- Warren County, PA: equally priced homes
- Delaware County, OK: higher priced homes
- Dorado Municipio, PR: higher priced homes
- Douglas County, MN: higher priced homes
- Wayne County, GA: higher priced homes
- Waushara County, WI: higher priced homes
- Washington County, MO: equally priced homes
- Washington County, ME: higher priced homes
- Washington County, IN: higher priced homes
- Washington County, FL: higher priced homes
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