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Affordable
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These days, finding an affordable place to live in the Rudement area can be challenging. Home prices in Rudement are now at a median cost of $160,100, lower than the Illinois average of $300,242.
The average cost of rent is $735/mo in Rudement, primarily driven by the current value of real estate in the Rudement area. In Rudement, 6.73% of households rent, and 62.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rudement is $5,361 per month. Households that rent pay about 13.71% of their income on rent here. Rudement’s most expensive areas are in the central 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
- Mitchellsville, IL: less expensive homes
- Somerset, IL: equally priced homes
- Delwood, IL: less expensive homes
- Pankeyville, IL: equally priced homes
- Herod, IL: less expensive homes
- Garden Heights, IL: less expensive homes
- Harrisburg, IL: less expensive homes
- Hicks, IL: equally priced homes
- Ledford, IL: less expensive homes
- Carrier Mills, IL: less expensive homes
Cities with Similar Populations
- Slapneck, MI: higher priced homes
- Kossuth, IA: higher priced homes
- Kyburz, CA: higher priced homes
- La Constancia, NM: higher priced homes
- Shirley, NJ: higher priced homes
- Shooks, MN: higher priced homes
- Sicily, IL: less expensive homes
- Silver, AR: higher priced homes
- Silver Lake, WV: equally priced homes
- Silver Peak, NV: less expensive homes
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