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These days, finding an affordable place to live in the Osceola area can be challenging. Home prices in Osceola are now at a median cost of $97,807, lower than the Illinois average of $300,242.
The average cost of rent is $860/mo in Osceola, primarily driven by the current value of real estate in the Osceola area. In Osceola, 13.25% of households rent, and 56.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Osceola is $5,110 per month. Households that rent pay about 16.82% of their income on rent here. Osceola’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Neponset, IL: equally priced homes
- Lombardville, IL: equally priced homes
- Buda, IL: less expensive homes
- Kewanee, IL: less expensive homes
- Sheffield, IL: higher priced homes
- Mineral, IL: higher priced homes
- Bradford, IL: equally priced homes
- Annawan, IL: higher priced homes
- Toulon, IL: equally priced homes
- Castleton, IL: higher priced homes
Cities with Similar Populations
- Meyer, IA: higher priced homes
- McKinley Park, AK: higher priced homes
- McKinnon, WY: higher priced homes
- Mcleod, ND: higher priced homes
- McPherron, PA: less expensive homes
- McWilliams, AL: equally priced homes
- Meadow Creek, WV: higher priced homes
- Mechanicsville, OH: higher priced homes
- Medina, WV: higher priced homes
- Meeting Street, SC: higher priced homes
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