Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Morris area can be challenging. Home prices in Mount Morris are now at a median cost of $157,125, lower than the Illinois average of $242,002.
The average cost of rent is $781/mo in Mount Morris, primarily driven by the current value of real estate in the Mount Morris area. While nearly 51.09% of residents own their homes outright in Mount Morris, 33.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Morris is $4,929 per month. Households that rent pay about 15.85% of their income on rent here. Mount Morris's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Stratford, IL: higher priced homes
- Maryland, IL: higher priced homes
- Oregon, IL: equally priced homes
- Leaf River, IL: less expensive homes
- Adeline, IL: less expensive homes
- Lightsville, IL: less expensive homes
- Haldane, IL: higher priced homes
- Polo, IL: less expensive homes
- Honey Creek, IL: higher priced homes
- Forreston, IL: less expensive homes
Cities with Similar Populations
- Mission Hills, KS: higher priced homes
- Wrightstown, WI: higher priced homes
- West End, NC: higher priced homes
- West Barnstable, MA: higher priced homes
- Waskom, TX: less expensive homes
- Tieton, WA: higher priced homes
- Salem, CT: higher priced homes
- New Brockton, AL: equally priced homes
- Anacoco, LA: equally priced homes
- Marne, MI: higher priced homes
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