Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the O'Fallon area can be challenging. Home prices in O'Fallon are now at a median cost of $230,958, lower than the Illinois average of $242,002.
The average cost of rent is $1,293/mo in O'Fallon, primarily driven by the current value of real estate in the O'Fallon area. While nearly 27.39% of residents own their homes outright in O'Fallon, 26.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in O'Fallon is $8,977 per month. Households that rent pay about 14.41% of their income on rent here. O'Fallon's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Shiloh, IL: less expensive homes
- Fairview Heights, IL: less expensive homes
- Lebanon, IL: less expensive homes
- Swansea, IL: less expensive homes
- Scott AFB, IL: less expensive homes
- Caseyville, IL: less expensive homes
- Lumaghi Heights, IL: less expensive homes
- Scott Air Force Base, IL: less expensive homes
- Belleville, IL: less expensive homes
- Collinsville, IL: less expensive homes
Cities with Similar Populations
- Fountain, CO: higher priced homes
- Dawsonville, GA: higher priced homes
- Denison, TX: less expensive homes
- Dinuba, CA: equally priced homes
- Drexel Hill, PA: less expensive homes
- East Palo Alto, CA: higher priced homes
- Elgin, SC: equally priced homes
- Elkhorn, NE: higher priced homes
- Elmira, NY: less expensive homes
- Endicott, NY: less expensive homes
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