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Affordable
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These days, finding an affordable place to live in the Oconee area can be challenging. Home prices in Oconee are now at a median cost of $116,789, lower than the Illinois average of $300,242.
The average cost of rent is $1,159/mo in Oconee, primarily driven by the current value of real estate in the Oconee area. In Oconee, 12.45% of households rent, and 51.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oconee is $7,615 per month. Households that rent pay about 15.21% of their income on rent here. Oconee’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
- Pana, IL: less expensive homes
- Ohlman, IL: equally priced homes
- Rosamond, IL: higher priced homes
- Herrick, IL: higher priced homes
- Ramsey, IL: less expensive homes
- Nokomis, IL: less expensive homes
- Tower Hill, IL: higher priced homes
- Coalton, IL: less expensive homes
- Millersville, IL: higher priced homes
- Wenonah, IL: equally priced homes
Cities with Similar Populations
- Riley Center, MI: higher priced homes
- Lewisville, IN: higher priced homes
- Libertyville, IA: higher priced homes
- Little France, NY: higher priced homes
- London, MI: higher priced homes
- Long Cane, GA: higher priced homes
- Loomis, NE: higher priced homes
- Lorine, AR: higher priced homes
- Lozano, TX: equally priced homes
- Luray, TN: higher priced homes
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