
Home Price Key
These days, finding an affordable place to live in the Mount Palatine area can be challenging. Home prices in Mount Palatine are now at a median cost of $107,541, lower than the Illinois average of $242,002.
The average cost of rent is $778/mo in Mount Palatine, primarily driven by the current value of real estate in the Mount Palatine area. While nearly 47.32% of residents own their homes outright in Mount Palatine, 20.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Palatine is $6,496 per month. Households that rent pay about 11.97% of their income on rent here. Mount Palatine's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Lostant, IL: equally priced homes
- Vermilionville, IL: higher priced homes
- Magnolia, IL: higher priced homes
- McNabb, IL: higher priced homes
- Tonica, IL: higher priced homes
- Wenona, IL: less expensive homes
- Standard, IL: equally priced homes
- Cedar Point, IL: higher priced homes
- Leonore, IL: equally priced homes
- Varna, IL: higher priced homes
Cities with Similar Populations
- Snufftown, NY: higher priced homes
- Lake Don Pedro, CA: higher priced homes
- Lake Fork, IL: equally priced homes
- Lancaster Hill, TN: higher priced homes
- Slateville, NY: higher priced homes
- Sligo, OH: higher priced homes
- Smartville, NY: less expensive homes
- Smith Point, TX: less expensive homes
- Smithfield, TN: higher priced homes
- Smiths Park, SD: higher priced homes
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