Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Reading area can be challenging. Home prices in Reading are now at a median cost of $160,600, lower than the Illinois average of $242,002.
The average cost of rent is $935/mo in Reading, primarily driven by the current value of real estate in the Reading area. While nearly 27.47% of residents own their homes outright in Reading, 20.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Reading is $5,613 per month. Households that rent pay about 16.66% of their income on rent here. Reading's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Ancona, IL: equally priced homes
- South Streator, IL: less expensive homes
- Streator, IL: less expensive homes
- Manville, IL: equally priced homes
- Kangley, IL: equally priced homes
- Long Point, IL: equally priced homes
- Kernan, IL: less expensive homes
- Cornell, IL: less expensive homes
- Leeds, IL: less expensive homes
- Blackstone, IL: equally priced homes
Cities with Similar Populations
- Yankton, NE: higher priced homes
- Barry, MN: equally priced homes
- Barto, MS: less expensive homes
- Beatrice, MS: less expensive homes
- Beaumont, KS: less expensive homes
- Beeler, KS: less expensive homes
- Wilmeth, TX: equally priced homes
- Womack, MO: higher priced homes
- Woodland Addition, IL: higher priced homes
- Woodson, VA: higher priced homes
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