Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pekin area can be challenging. Home prices in Pekin are now at a median cost of $145,617, lower than the Indiana average of $175,617.
The average cost of rent is $742/mo in Pekin, primarily driven by the current value of real estate in the Pekin area. While nearly 27.58% of residents own their homes outright in Pekin, 10.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pekin is $6,038 per month. Households that rent pay about 12.30% of their income on rent here. Pekin's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- New Pekin, IN: less expensive homes
- Daisy Hill, IN: equally priced homes
- Borden, IN: higher priced homes
- South Boston, IN: higher priced homes
- Palmyra, IN: equally priced homes
- Greenville, IN: higher priced homes
- Salem, IN: equally priced homes
- Canton, IN: higher priced homes
- Broom Hill, IN: higher priced homes
- Fredericksburg, IN: equally priced homes
Cities with Similar Populations
- Florissant, CO: higher priced homes
- Gambier, OH: higher priced homes
- Avenue B and C, AZ: less expensive homes
- Chapmansboro, TN: higher priced homes
- Colorado City, AZ: higher priced homes
- Moorefield, WV: less expensive homes
- Lewisburg, OH: equally priced homes
- North Terre Haute, IN: less expensive homes
- Weyers Cave, VA: higher priced homes
- Onalaska, WA: higher priced homes
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