Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Carmel area can be challenging. Home prices in Mount Carmel are now at a median cost of $106,319, lower than the Illinois average of $242,002.
The average cost of rent is $651/mo in Mount Carmel, primarily driven by the current value of real estate in the Mount Carmel area. While nearly 48.09% of residents own their homes outright in Mount Carmel, 12.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Carmel is $5,981 per month. Households that rent pay about 10.89% of their income on rent here. Mount Carmel's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Lancaster, IL: less expensive homes
- Odgen, IL: higher priced homes
- East Mount Carmel, IN: higher priced homes
- Patton, IL: higher priced homes
- Maud, IL: less expensive homes
- Keensburg, IL: less expensive homes
- Bellmont, IL: less expensive homes
- Friendsville, IL: higher priced homes
- Gards Point, IL: higher priced homes
- Allendale, IL: equally priced homes
Cities with Similar Populations
- West Miami, FL: higher priced homes
- Hanson, MA: higher priced homes
- Harlem, GA: higher priced homes
- Harold, FL: higher priced homes
- Harrington, DE: higher priced homes
- Harrisburg, SD: higher priced homes
- Winnsboro, TX: higher priced homes
- Whitwell, TN: higher priced homes
- West Salem, WI: higher priced homes
- West Point, GA: higher priced homes
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