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These days, finding an affordable place to live in the Potomac area can be challenging. Home prices in Potomac are now at a median cost of $143,443, lower than the Illinois average of $300,242.
The average cost of rent is $833/mo in Potomac, primarily driven by the current value of real estate in the Potomac area. In Potomac, 15.07% of households rent, and 56.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Potomac is $6,569 per month. Households that rent pay about 12.68% of their income on rent here. Potomac’s most expensive areas are in the northern 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
- Armstrong, IL: higher priced homes
- Jamesburg, IL: higher priced homes
- Collison, IL: equally priced homes
- Henning, IL: equally priced homes
- Reilly, IL: higher priced homes
- Higginsville, IL: higher priced homes
- Hope, IL: equally priced homes
- Penfield, IL: equally priced homes
- Rossville, IL: less expensive homes
- Newtown, IL: higher priced homes
Cities with Similar Populations
- Alexis, IL: less expensive homes
- Earlville, IA: higher priced homes
- Brook Park, MN: higher priced homes
- Bridger, MT: higher priced homes
- Boston, KY: higher priced homes
- Bodega Bay, CA: higher priced homes
- Winegars, MI: higher priced homes
- Blades, DE: higher priced homes
- Bevilles Corner, FL: higher priced homes
- Bentley, KS: higher priced homes
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