Expensive
Affordable
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These days, finding an affordable place to live in the Paynes Point area can be challenging. Home prices in Paynes Point are now at a median cost of $187,117, lower than the Illinois average of $300,242.
The average cost of rent is $886/mo in Paynes Point, primarily driven by the current value of real estate in the Paynes Point area. In Paynes Point, 6.98% of households rent, and 40.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Paynes Point is $7,159 per month. Households that rent pay about 12.38% of their income on rent here. Paynes Point’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chana, IL: higher priced homes
- Flagg Center, IL: equally priced homes
- Honey Creek, IL: equally priced homes
- White Rock, IL: higher priced homes
- Hillcrest, IL: equally priced homes
- Rochelle, IL: equally priced homes
- Ashton, IL: less expensive homes
- Oregon, IL: equally priced homes
- Holcomb, IL: equally priced homes
- Kingdom, IL: higher priced homes
Cities with Similar Populations
- Miller, AL: less expensive homes
- McLeods Corner, MI: less expensive homes
- McLuney, OH: less expensive homes
- McMichaels, PA: higher priced homes
- Meadville, WV: less expensive homes
- Mederville, IA: less expensive homes
- Melcher, IA: higher priced homes
- Melville, ND: higher priced homes
- Mercer, OH: equally priced homes
- Middle Bass, OH: higher priced homes
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