Home Price Key
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These days, finding an affordable place to live in the Reno area can be challenging. Home prices in Reno are now at a median cost of $166,843, lower than the Illinois average of $242,002.
The average cost of rent is $843/mo in Reno, primarily driven by the current value of real estate in the Reno area. While nearly 44.46% of residents own their homes outright in Reno, 10.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Reno is $5,703 per month. Households that rent pay about 14.77% of their income on rent here. Reno's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Sorento, IL: less expensive homes
- Old Ripley, IL: equally priced homes
- Panama, IL: less expensive homes
- Donnellson, IL: less expensive homes
- Stubblefield, IL: higher priced homes
- Greenville, IL: less expensive homes
- New Douglas, IL: equally priced homes
- Woburn, IL: higher priced homes
- Walshville, IL: equally priced homes
- Pocahontas, IL: equally priced homes
Cities with Similar Populations
- Prattsville, OH: less expensive homes
- Rada, WV: higher priced homes
- Putneyville, PA: less expensive homes
- Purcell, PA: equally priced homes
- Prospect Ferry, ME: equally priced homes
- Prosit, MN: higher priced homes
- Prilliman, VA: less expensive homes
- Prices Mill, KY: less expensive homes
- Prescott, IN: less expensive homes
- Ramona, MI: less expensive homes
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