Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the New Baden area can be challenging. Home prices in New Baden are now at a median cost of $204,031, lower than the Illinois average of $300,242.
The average cost of rent is $1,400/mo in New Baden, primarily driven by the current value of real estate in the New Baden area. In New Baden, 33.98% of households rent, and 48.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Baden is $6,792 per month. Households that rent pay about 20.62% of their income on rent here. New Baden’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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- Scott Air Force Base, IL: higher priced homes
- Germantown, IL: equally priced homes
- Venedy, IL: equally priced homes
Cities with Similar Populations
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- Charlotte Hall, MD: higher priced homes
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- Pekin, IN: less expensive homes
- Pell Lake, WI: equally priced homes
- Plainview, MN: higher priced homes
- Prentiss, MS: less expensive homes
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