The Most Affordable Neighborhoods in Plano, IL by Home Value

 

Plano, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Plano area can be challenging. Home prices in Plano are now at a median cost of $209,968, lower than the Illinois average of $242,002.

The average cost of rent is $1,560/mo in Plano, primarily driven by the current value of real estate in the Plano area. While nearly 33.79% of residents own their homes outright in Plano, 23.98% rent.

Housing affordability isn’t just about home prices, though. The average household income in Plano is $7,941 per month. Households that rent pay about 19.65% of their income on rent here. Plano's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.


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