The Most Affordable Neighborhoods in New Dennison, IL by Home Value

 

New Dennison, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Dennison area can be challenging. Home prices in New Dennison are now at a median cost of $165,876, lower than the Illinois average of $242,002.

The average cost of rent is $768/mo in New Dennison, primarily driven by the current value of real estate in the New Dennison area. While nearly 48.78% of residents own their homes outright in New Dennison, 5.61% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Dennison is $5,720 per month. Households that rent pay about 13.42% of their income on rent here. New Dennison's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.


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