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These days, finding an affordable place to live in the Posen area can be challenging. Home prices in Posen are now at a median cost of $172,431, lower than the Illinois average of $300,242.
The average cost of rent is $1,395/mo in Posen, primarily driven by the current value of real estate in the Posen area. In Posen, 33.11% of households rent, and 44.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Posen is $5,795 per month. Households that rent pay about 24.08% of their income on rent here. Posen’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dixmoor, IL: less expensive homes
- Robbins, IL: less expensive homes
- Midlothian, IL: higher priced homes
- Markham, IL: less expensive homes
- Harvey, IL: less expensive homes
- Blue Island, IL: higher priced homes
- Calumet Park, IL: higher priced homes
- Phoenix, IL: less expensive homes
- Crestwood, IL: higher priced homes
- Riverdale, IL: less expensive homes
Cities with Similar Populations
- Camden, ME: higher priced homes
- Cedaredge, CO: higher priced homes
- Cecilia, KY: higher priced homes
- Winnebago, IL: higher priced homes
- Cave Junction, OR: higher priced homes
- Castalian Springs, TN: higher priced homes
- Carolina Shores, NC: higher priced homes
- Carmichaels, PA: less expensive homes
- Carlisle, KY: less expensive homes
- Carey, OH: equally priced homes
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