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Affordable
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These days, finding an affordable place to live in the Rees area can be challenging. Home prices in Rees are now at a median cost of $152,707, lower than the Illinois average of $300,242.
The average cost of rent is $946/mo in Rees, primarily driven by the current value of real estate in the Rees area. In Rees, 23.27% of households rent, and 46.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rees is $6,484 per month. Households that rent pay about 14.58% of their income on rent here. Rees’s most expensive areas are in the southwestern 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
- Franklin, IL: equally priced homes
- Pisgah, IL: equally priced homes
- Orleans, IL: equally priced homes
- Alexander, IL: equally priced homes
- Waverly, IL: less expensive homes
- Arnold, IL: equally priced homes
- Woodson, IL: equally priced homes
- South Jacksonville, IL: less expensive homes
- Berlin, IL: higher priced homes
- New Berlin, IL: higher priced homes
Cities with Similar Populations
- Ramah, TN: higher priced homes
- Redland, FL: higher priced homes
- Redden, OK: equally priced homes
- Redclyffe, PA: less expensive homes
- Redbird, NE: higher priced homes
- Redbank, TX: higher priced homes
- Rector, MO: higher priced homes
- Raymar, IA: higher priced homes
- Raven Rock, WV: higher priced homes
- Redman, MO: equally priced homes
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