The Most Affordable Neighborhoods in Scales Mound, IL by Home Value

 

Scales Mound, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Scales Mound area can be challenging. Home prices in Scales Mound are now at a median cost of $238,808, lower than the Illinois average of $242,002.

The average cost of rent is $822/mo in Scales Mound, primarily driven by the current value of real estate in the Scales Mound area. While nearly 46.52% of residents own their homes outright in Scales Mound, 5.33% rent.

Housing affordability isn’t just about home prices, though. The average household income in Scales Mound is $6,326 per month. Households that rent pay about 12.99% of their income on rent here. Scales Mound's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.


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