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Affordable
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These days, finding an affordable place to live in the Nutwood area can be challenging. Home prices in Nutwood are now at a median cost of $245,517, lower than the Illinois average of $300,242.
The average cost of rent is $691/mo in Nutwood, primarily driven by the current value of real estate in the Nutwood area. In Nutwood, 7.72% of households rent, and 56.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nutwood is $9,191 per month. Households that rent pay about 7.52% of their income on rent here. Nutwood’s most expensive areas are in the eastern 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
- Rosedale, IL: equally priced homes
- Fieldon, IL: less expensive homes
- Gilead, IL: equally priced homes
- Batchtown, IL: equally priced homes
- Hardin, IL: less expensive homes
- Meppen, IL: less expensive homes
- Otterville, IL: less expensive homes
- Cap au Gris, MO: less expensive homes
- Oasis, MO: less expensive homes
- Michael, IL: less expensive homes
Cities with Similar Populations
- West Ridge, IL: less expensive homes
- Coldfoot, AK: less expensive homes
- Colony, WY: equally priced homes
- Congleton, KY: less expensive homes
- Cooktown, KY: less expensive homes
- Cordero, NV: higher priced homes
- Corning, MO: less expensive homes
- Cove Point, MD: higher priced homes
- Crocker, WA: higher priced homes
- Cuervo, NM: less expensive homes
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