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These days, finding an affordable place to live in the Pontiac area can be challenging. Home prices in Pontiac are now at a median cost of $135,133, lower than the Illinois average of $300,242.
The average cost of rent is $865/mo in Pontiac, primarily driven by the current value of real estate in the Pontiac area. In Pontiac, 33.44% of households rent, and 45.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pontiac is $5,575 per month. Households that rent pay about 15.52% of their income on rent here. Pontiac’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- McDowell, IL: higher priced homes
- Swygert, IL: higher priced homes
- Rowe, IL: higher priced homes
- Ocoya, IL: higher priced homes
- Graymont, IL: higher priced homes
- Rugby, IL: higher priced homes
- Odell, IL: higher priced homes
- Chenoa, IL: higher priced homes
- Weston, IL: higher priced homes
- Cornell, IL: equally priced homes
Cities with Similar Populations
- Upper Grand Lagoon, FL: higher priced homes
- Fayetteville, NY: higher priced homes
- Forestville, MD: higher priced homes
- Foristell, MO: higher priced homes
- Fort Bragg, CA: higher priced homes
- Fort Campbell North, KY: higher priced homes
- Fort Lupton, CO: higher priced homes
- Tarrytown, NY: higher priced homes
- Tomah, WI: higher priced homes
- Toney, AL: higher priced homes
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