The Most Affordable Neighborhoods in Solon Mills, IL by Home Value

 

Solon Mills, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Solon Mills area can be challenging. Home prices in Solon Mills are now at a median cost of $324,344, higher than the Illinois average of $242,002.

The average cost of rent is $1,123/mo in Solon Mills, primarily driven by the current value of real estate in the Solon Mills area. While nearly 29.12% of residents own their homes outright in Solon Mills, 17.17% rent.

Housing affordability isn’t just about home prices, though. The average household income in Solon Mills is $9,520 per month. Households that rent pay about 11.80% of their income on rent here. Solon Mills's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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