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Affordable
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These days, finding an affordable place to live in the Ridge Farm area can be challenging. Home prices in Ridge Farm are now at a median cost of $81,262, lower than the Illinois average of $300,242.
The average cost of rent is $733/mo in Ridge Farm, primarily driven by the current value of real estate in the Ridge Farm area. In Ridge Farm, 26.88% of households rent, and 56.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ridge Farm is $4,963 per month. Households that rent pay about 14.77% of their income on rent here. Ridge Farm’s most expensive areas are in the northwestern 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
- Olivet, IL: higher priced homes
- Indianola, IL: equally priced homes
- Scottland, IL: higher priced homes
- Georgetown, IL: equally priced homes
- Midway, IL: equally priced homes
- Chrisman, IL: higher priced homes
- Meeks, IL: higher priced homes
- Eugene, IN: higher priced homes
- Dana, IN: higher priced homes
- Cayuga, IN: higher priced homes
Cities with Similar Populations
- Mill Neck, NY: higher priced homes
- Madison, KS: less expensive homes
- Manasota, FL: higher priced homes
- Mantee, MS: higher priced homes
- Manville, SC: equally priced homes
- Markham, TX: higher priced homes
- Mattoon, WI: higher priced homes
- Milbridge, ME: higher priced homes
- Milford, NY: higher priced homes
- Alabama, NY: higher priced homes
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