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Affordable
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These days, finding an affordable place to live in the Old Kane area can be challenging. Home prices in Old Kane are now at a median cost of $141,081, lower than the Illinois average of $300,242.
The average cost of rent is $808/mo in Old Kane, primarily driven by the current value of real estate in the Old Kane area. In Old Kane, 11.42% of households rent, and 49.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Old Kane is $6,435 per month. Households that rent pay about 12.56% of their income on rent here. Old Kane’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Kane, IL: equally priced homes
- Fieldon, IL: higher priced homes
- Jerseyville, IL: higher priced homes
- Woody, IL: less expensive homes
- Carrollton, IL: less expensive homes
- McClusky, IL: equally priced homes
- Eldred, IL: less expensive homes
- Otterville, IL: higher priced homes
- Nutwood, IL: higher priced homes
- Rosedale, IL: higher priced homes
Cities with Similar Populations
- Mendon Center, NY: higher priced homes
- Match, GA: higher priced homes
- Mavity, KY: equally priced homes
- Maxinkuckee, IN: higher priced homes
- Mayfield, TX: higher priced homes
- McKinley, MO: higher priced homes
- McKinney, GA: higher priced homes
- McRoss, WV: less expensive homes
- Medina, MI: higher priced homes
- Memphis, OH: higher priced homes
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