Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Pearl area can be challenging. Home prices in Pearl are now at a median cost of $117,000, lower than the Illinois average of $300,242.
The average cost of rent is $850/mo in Pearl, primarily driven by the current value of real estate in the Pearl area. In Pearl, 7.69% of households rent, and 48.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pearl is $4,602 per month. Households that rent pay about 18.47% of their income on rent here. Pearl’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Old Pearl, IL: equally priced homes
- Milton, IL: equally priced homes
- Montezuma, IL: less expensive homes
- Bee Creek, IL: higher priced homes
- Hillview, IL: equally priced homes
- Time, IL: less expensive homes
- Nebo, IL: less expensive homes
- Patterson, IL: equally priced homes
- Independence, IL: equally priced homes
- Glasgow, IL: less expensive homes
Cities with Similar Populations
- Slab Fork, WV: higher priced homes
- Kedron, TN: higher priced homes
- Kenneth, MN: higher priced homes
- Keyesville, WI: higher priced homes
- Shore Oaks, NY: higher priced homes
- Silver Ford Heights, PA: higher priced homes
- Silver Lake, IA: higher priced homes
- Simmons, MO: higher priced homes
- Sinking Creek, VA: higher priced homes
- Skanee, MI: higher priced homes
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