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Affordable
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These days, finding an affordable place to live in the Raritan area can be challenging. Home prices in Raritan are now at a median cost of $128,558, lower than the Illinois average of $300,242.
The average cost of rent is $827/mo in Raritan, primarily driven by the current value of real estate in the Raritan area. In Raritan, 14.57% of households rent, and 46.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Raritan is $6,842 per month. Households that rent pay about 12.09% of their income on rent here. Raritan’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Media, IL: equally priced homes
- Stronghurst, IL: less expensive homes
- Smithshire, IL: less expensive homes
- Swan Creek, IL: less expensive homes
- Roseville, IL: less expensive homes
- Olena, IL: less expensive homes
- Terre Haute, IL: less expensive homes
- Blandinsville, IL: less expensive homes
- Sciota, IL: higher priced homes
- Walnut Grove, IL: equally priced homes
Cities with Similar Populations
- Bena, MN: higher priced homes
- Yorktown, NJ: higher priced homes
- Asher, KY: less expensive homes
- Pleasant Grove, TN: higher priced homes
- Point Isabel, OH: higher priced homes
- Point Breeze, DE: higher priced homes
- Pogy, MI: higher priced homes
- Pleasant View, OH: higher priced homes
- Pleasant View, IN: higher priced homes
- Pleasant Valley, WA: higher priced homes
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