The Most Affordable Neighborhoods in Mount Auburn, IL by Home Value

 

Mount Auburn, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mount Auburn area can be challenging. Home prices in Mount Auburn are now at a median cost of $106,648, lower than the Illinois average of $242,002.

The average cost of rent is $885/mo in Mount Auburn, primarily driven by the current value of real estate in the Mount Auburn area. While nearly 46.70% of residents own their homes outright in Mount Auburn, 5.38% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mount Auburn is $5,682 per month. Households that rent pay about 15.57% of their income on rent here. Mount Auburn's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.


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