The Most Affordable Neighborhoods in Piper City, IL by Home Value

These days, finding an affordable place to live in the Piper City area can be challenging. Home prices in Piper City are now at a median cost of $83,831, lower than the Illinois average of $300,242.

The average cost of rent is $830/mo in Piper City, primarily driven by the current value of real estate in the Piper City area. In Piper City, 29.14% of households rent, and 45.68% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Piper City is $4,189 per month. Households that rent pay about 19.80% of their income on rent here. Piper City’s most expensive areas are in the northwestern 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.

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