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Affordable
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These days, finding an affordable place to live in the Sheffield area can be challenging. Home prices in Sheffield are now at a median cost of $115,087, lower than the Illinois average of $300,242.
The average cost of rent is $1,001/mo in Sheffield, primarily driven by the current value of real estate in the Sheffield area. In Sheffield, 20.53% of households rent, and 38.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sheffield is $6,379 per month. Households that rent pay about 15.69% of their income on rent here. Sheffield’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Buda, IL: less expensive homes
- Neponset, IL: equally priced homes
- Mineral, IL: higher priced homes
- Manlius, IL: higher priced homes
- Osceola, IL: less expensive homes
- Annawan, IL: higher priced homes
- Wyanet, IL: higher priced homes
- Thomas, IL: higher priced homes
- Lombardville, IL: less expensive homes
- New Bedford, IL: higher priced homes
Cities with Similar Populations
- White Plains, GA: higher priced homes
- Coal Center, PA: higher priced homes
- Coalton, KY: higher priced homes
- Cohay, MS: less expensive homes
- Cold Brook, NY: higher priced homes
- Colebrook, OH: higher priced homes
- College Hill, KY: higher priced homes
- Cooperstown, ND: equally priced homes
- Correctionville, IA: equally priced homes
- Creighton, MO: higher priced homes
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