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Affordable
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These days, finding an affordable place to live in the Niantic area can be challenging. Home prices in Niantic are now at a median cost of $132,473, lower than the Illinois average of $300,242.
The average cost of rent is $989/mo in Niantic, primarily driven by the current value of real estate in the Niantic area. In Niantic, 14.77% of households rent, and 40.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Niantic is $6,323 per month. Households that rent pay about 15.65% of their income on rent here. Niantic’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Illiopolis, IL: equally priced homes
- Harristown, IL: equally priced homes
- Osbernville, IL: less expensive homes
- Mount Auburn, IL: equally priced homes
- Latham, IL: higher priced homes
- Warrensburg, IL: higher priced homes
- Boody, IL: higher priced homes
- Lanesville, IL: higher priced homes
- Blue Mound, IL: higher priced homes
- Elwin, IL: higher priced homes
Cities with Similar Populations
- North Eagle Butte, SD: less expensive homes
- Pecan Acres, TX: higher priced homes
- Palisade, MN: higher priced homes
- Owensburg, IN: higher priced homes
- Orr, MN: higher priced homes
- Oneida Castle, NY: higher priced homes
- Old Bethel, AL: higher priced homes
- Oconee, GA: less expensive homes
- Oak City, NC: less expensive homes
- Norwich, KS: less expensive homes
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