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These days, finding an affordable place to live in the Myrtle area can be challenging. Home prices in Myrtle are now at a median cost of $299,020, lower than the Illinois average of $300,242.
The average cost of rent is $1,281/mo in Myrtle, primarily driven by the current value of real estate in the Myrtle area. In Myrtle, 3.78% of households rent, and 48.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Myrtle is $10,604 per month. Households that rent pay about 12.08% of their income on rent here. Myrtle’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Byron, IL: less expensive homes
- Lightsville, IL: less expensive homes
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- Leaf River, IL: less expensive homes
- Stillman Valley, IL: less expensive homes
- Winnebago, IL: less expensive homes
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- Adeline, IL: less expensive homes
- Mount Morris, IL: less expensive homes
Cities with Similar Populations
- Waucoma, IA: less expensive homes
- Church Hill, KY: less expensive homes
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- Collins, PA: higher priced homes
- Copeland Bridge, AL: less expensive homes
- Wainwright, OK: less expensive homes
- Warren, NH: less expensive homes
- Chipps, IL: less expensive homes
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