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Affordable
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These days, finding an affordable place to live in the Sheldon area can be challenging. Home prices in Sheldon are now at a median cost of $83,439, lower than the Illinois average of $300,242.
The average cost of rent is $742/mo in Sheldon, primarily driven by the current value of real estate in the Sheldon area. In Sheldon, 28.83% of households rent, and 59.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sheldon is $3,925 per month. Households that rent pay about 18.92% of their income on rent here. Sheldon’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
- Effner, IL: equally priced homes
- Iroquois, IL: higher priced homes
- Raub, IN: higher priced homes
- Kentland, IN: higher priced homes
- Woodland, IL: higher priced homes
- Watseka, IL: higher priced homes
- Donovan, IL: higher priced homes
- Earl Park, IN: higher priced homes
- Freeland Park, IN: higher priced homes
- Milford, IL: higher priced homes
Cities with Similar Populations
- Lebo, KS: higher priced homes
- Southwest Harbor, ME: higher priced homes
- Sierra Blanca, TX: less expensive homes
- Seco Mines, TX: higher priced homes
- Medanales, NM: higher priced homes
- Maxwell, CA: higher priced homes
- Marianna, PA: higher priced homes
- Los Olivos, CA: higher priced homes
- Lewisville, AR: higher priced homes
- Lerna, IL: higher priced homes
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