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These days, finding an affordable place to live in the Randolph area can be challenging. Home prices in Randolph are now at a median cost of $294,843, lower than the Illinois average of $300,242.
The average cost of rent is $965/mo in Randolph, primarily driven by the current value of real estate in the Randolph area. In Randolph, 8.92% of households rent, and 30.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Randolph is $9,619 per month. Households that rent pay about 10.04% of their income on rent here. Randolph’s most expensive areas are in the northern 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.
Nearby Cities
- Heyworth, IL: less expensive homes
- Shirley, IL: less expensive homes
- Downs, IL: equally priced homes
- Bloomington, IL: less expensive homes
- Holder, IL: less expensive homes
- Normal, IL: less expensive homes
- McLean, IL: less expensive homes
- Wapella, IL: less expensive homes
- Padua, IL: less expensive homes
- Le Roy, IL: less expensive homes
Cities with Similar Populations
- Aladdin, WY: equally priced homes
- Pulteney, NY: less expensive homes
- Queens, KY: less expensive homes
- Quaker Street, NY: less expensive homes
- Quakake, PA: less expensive homes
- Putney, GA: less expensive homes
- Putnamville, IN: less expensive homes
- Purman, MO: less expensive homes
- Pumpkin Center, VA: less expensive homes
- Pulvers Corners, NY: higher priced homes
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