The Most Affordable Neighborhoods in Sand Ridge, IL by Home Value

These days, finding an affordable place to live in the Sand Ridge area can be challenging. Home prices in Sand Ridge are now at a median cost of $62,524, lower than the Illinois average of $300,242.

The average cost of rent is $678/mo in Sand Ridge, primarily driven by the current value of real estate in the Sand Ridge area. In Sand Ridge, 27.47% of households rent, and 59.48% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Sand Ridge is $3,382 per month. Households that rent pay about 20.05% of their income on rent here. Sand Ridge’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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