Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Royal Lakes area can be challenging. Home prices in Royal Lakes are now at a median cost of $99,040, lower than the Illinois average of $242,002.
The average cost of rent is $812/mo in Royal Lakes, primarily driven by the current value of real estate in the Royal Lakes area. While nearly 46.66% of residents own their homes outright in Royal Lakes, 27.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Royal Lakes is $4,124 per month. Households that rent pay about 19.70% of their income on rent here. Royal Lakes's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Shipman, IL: higher priced homes
- Dorchester, IL: higher priced homes
- Bunker Hill, IL: higher priced homes
- Woodburn, IL: higher priced homes
- Plainview, IL: higher priced homes
- Wilsonville, IL: higher priced homes
- Mount Clare, IL: less expensive homes
- Gillespie, IL: equally priced homes
- East Gillespie, IL: higher priced homes
- Benld, IL: less expensive homes
Cities with Similar Populations
- Starkville, NY: higher priced homes
- Island Park, IN: higher priced homes
- Jadwin, MO: higher priced homes
- St. Maurice, IN: higher priced homes
- St. Nicholas, MI: higher priced homes
- St. Peter, WI: higher priced homes
- St. Xavier, MT: higher priced homes
- Standley, OH: higher priced homes
- Stanleytown, VA: higher priced homes
- Stannard, VT: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood