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These days, finding an affordable place to live in the Reily Lake area can be challenging. Home prices in Reily Lake are now at a median cost of $149,040, lower than the Illinois average of $300,242.
The average cost of rent is $833/mo in Reily Lake, primarily driven by the current value of real estate in the Reily Lake area. In Reily Lake, 11.22% of households rent, and 56.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Reily Lake is $8,375 per month. Households that rent pay about 9.95% of their income on rent here. Reily Lake’s most expensive areas are in the southeastern 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
- Menard, IL: less expensive homes
- Ellis Grove, IL: less expensive homes
- St. Mary, IL: higher priced homes
- Chester, IL: equally priced homes
- Walsh, IL: higher priced homes
- Modoc, IL: equally priced homes
- Evansville, IL: less expensive homes
- Ozora, MO: higher priced homes
- Welge, IL: higher priced homes
- Lithium, MO: higher priced homes
Cities with Similar Populations
- Norwood, MI: higher priced homes
- Old Frame, PA: equally priced homes
- Octa, MO: equally priced homes
- Ochopee, FL: higher priced homes
- Obert, NE: higher priced homes
- Oakville, NC: higher priced homes
- Oakton, MO: higher priced homes
- Oakley, WI: higher priced homes
- Novelty, MO: less expensive homes
- Ookala, HI: higher priced homes
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