The Most Affordable Neighborhoods in Old Niota, IL by Home Value

 

Old Niota, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Old Niota area can be challenging. Home prices in Old Niota are now at a median cost of $112,281, lower than the Illinois average of $242,002.

The average cost of rent is $767/mo in Old Niota, primarily driven by the current value of real estate in the Old Niota area. While nearly 65.80% of residents own their homes outright in Old Niota, 10.41% rent.

Housing affordability isn’t just about home prices, though. The average household income in Old Niota is $4,368 per month. Households that rent pay about 17.55% of their income on rent here. Old Niota's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.


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