Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Roanoke area can be challenging. Home prices in Roanoke are now at a median cost of $133,965, lower than the Illinois average of $242,002.
The average cost of rent is $913/mo in Roanoke, primarily driven by the current value of real estate in the Roanoke area. While nearly 42.32% of residents own their homes outright in Roanoke, 21.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Roanoke is $5,920 per month. Households that rent pay about 15.42% of their income on rent here. Roanoke's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Secor, IL: equally priced homes
- Benson, IL: less expensive homes
- Eureka, IL: higher priced homes
- Lowpoint, IL: higher priced homes
- Woodford, IL: less expensive homes
- Metamora, IL: higher priced homes
- Washburn, IL: less expensive homes
- Panola, IL: equally priced homes
- Enright, IL: higher priced homes
- El Paso, IL: higher priced homes
Cities with Similar Populations
- Zavalla, TX: less expensive homes
- Riverside, IA: higher priced homes
- Salisbury Mills, NY: higher priced homes
- Ameagle, WV: higher priced homes
- Seligman, MO: equally priced homes
- Stoddard, WI: higher priced homes
- Fresno, OH: higher priced homes
- Wapwallopen, PA: higher priced homes
- Wilson, OK: less expensive homes
- Delta Junction, AK: higher priced homes
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