Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Olive Branch area can be challenging. Home prices in Olive Branch are now at a median cost of $58,800, lower than the Illinois average of $242,002.
The average cost of rent is $766/mo in Olive Branch, primarily driven by the current value of real estate in the Olive Branch area. While nearly 65.98% of residents own their homes outright in Olive Branch, 21.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Olive Branch is $4,433 per month. Households that rent pay about 17.28% of their income on rent here. Olive Branch's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Cache, IL: equally priced homes
- Thebes, IL: higher priced homes
- Tamms, IL: higher priced homes
- Gale, IL: higher priced homes
- Commerce, MO: higher priced homes
- North Mounds, IL: higher priced homes
- Pulaski, IL: higher priced homes
- Scott City, MO: higher priced homes
- Klondike, IL: less expensive homes
- Mounds, IL: less expensive homes
Cities with Similar Populations
- Lone Tree, MO: higher priced homes
- North Delta, CO: higher priced homes
- Maryville, SC: higher priced homes
- Marengo, MI: higher priced homes
- Makaha, HI: higher priced homes
- Mackey, IN: higher priced homes
- Lynx, OH: higher priced homes
- Loves Mill, VA: higher priced homes
- Adona, AR: higher priced homes
- Lookout, KY: higher priced homes
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