Home Price Key
Affordable
Average
Expensive
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 $168,603, lower than the Illinois average of $242,002.
The average cost of rent is $1,036/mo in Paynes Point, primarily driven by the current value of real estate in the Paynes Point area. While nearly 44.54% of residents own their homes outright in Paynes Point, 22.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Paynes Point is $4,773 per month. Households that rent pay about 21.70% of their income on rent here. Paynes Point's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Chana, IL: equally priced homes
- Flagg Center, IL: equally priced homes
- Honey Creek, IL: higher priced homes
- White Rock, IL: higher priced homes
- Hillcrest, IL: less expensive homes
- Rochelle, IL: less expensive homes
- Ashton, IL: less expensive homes
- Oregon, IL: equally priced homes
- Holcomb, IL: less expensive 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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