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Affordable
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These days, finding an affordable place to live in the Reeds Station area can be challenging. Home prices in Reeds Station are now at a median cost of $214,766, lower than the Illinois average of $300,242.
The average cost of rent is $717/mo in Reeds Station, primarily driven by the current value of real estate in the Reeds Station area. In Reeds Station, 32.76% of households rent, and 62.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Reeds Station is $7,326 per month. Households that rent pay about 9.79% of their income on rent here. Reeds Station’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cambria, IL: equally priced homes
- DeSoto, IL: less expensive homes
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- Carterville, IL: higher priced homes
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Cities with Similar Populations
- West Boothbay Harbor, ME: higher priced homes
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- Rash, AL: less expensive homes
- Rector, NY: equally priced homes
- Rardin, IL: less expensive homes
- Randolph, KY: less expensive homes
- Ramona Beach, NY: equally priced homes
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