Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rice area can be challenging. Home prices in Rice are now at a median cost of $246,256, higher than the Illinois average of $242,002.
The average cost of rent is $722/mo in Rice, primarily driven by the current value of real estate in the Rice area. While nearly 38.24% of residents own their homes outright in Rice, 5.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rice is $5,840 per month. Households that rent pay about 12.35% of their income on rent here. Rice's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Galena, IL: less expensive homes
- Rodden, IL: higher priced homes
- The Galena Territory, IL: higher priced homes
- St. Donatus, IA: equally priced homes
- Scales Mound, IL: equally priced homes
- Bellevue, IA: less expensive homes
- Menominee, IL: less expensive homes
- Schapville, IL: equally priced homes
- Hanover, IL: less expensive homes
- Guilford, IL: less expensive homes
Cities with Similar Populations
- Liberty Pole, WI: less expensive homes
- Roberts, IL: less expensive homes
- Riplinger, WI: less expensive homes
- Maplewood, VA: less expensive homes
- Macune, TX: less expensive homes
- Macon, AL: less expensive homes
- Lynn, AR: less expensive homes
- Lublin, WI: less expensive homes
- Loysburg, PA: less expensive homes
- Locust Hill, VA: equally priced homes
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