Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Peotone area can be challenging. Home prices in Peotone are now at a median cost of $301,131, higher than the Illinois average of $300,242.
The average cost of rent is $1,069/mo in Peotone, primarily driven by the current value of real estate in the Peotone area. In Peotone, 25.02% of households rent, and 36.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Peotone is $7,826 per month. Households that rent pay about 13.66% of their income on rent here. Peotone’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Monee, IL: equally priced homes
- Manteno, IL: less expensive homes
- Whitaker, IL: equally priced homes
- Wilton Center, IL: higher priced homes
- Goodenow, IL: less expensive homes
- University Park, IL: less expensive homes
- Sollitt, IL: less expensive homes
- Beecher, IL: less expensive homes
- Indian Oaks, IL: equally priced homes
- St. George, IL: equally priced homes
Cities with Similar Populations
- Frankenmuth, MI: equally priced homes
- Ford City, PA: less expensive homes
- Forest Hills, PA: less expensive homes
- Fort Benning, GA: less expensive homes
- Fort Dix, NJ: higher priced homes
- Fort Knox, KY: less expensive homes
- Fort Leavenworth, KS: equally priced homes
- Fort Myers Shores, FL: higher priced homes
- Fort Richardson, AK: higher priced homes
- Fort Washington, PA: higher priced homes
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