Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Sorento area can be challenging. Home prices in Sorento are now at a median cost of $75,673, lower than the Illinois average of $242,002.
The average cost of rent is $655/mo in Sorento, primarily driven by the current value of real estate in the Sorento area. While nearly 56.54% of residents own their homes outright in Sorento, 12.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sorento is $3,877 per month. Households that rent pay about 16.89% of their income on rent here. Sorento's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Reno, IL: higher priced homes
- Panama, IL: equally priced homes
- New Douglas, IL: higher priced homes
- Walshville, IL: higher priced homes
- Old Ripley, IL: higher priced homes
- Donnellson, IL: higher priced homes
- Mount Olive, IL: higher priced homes
- Livingston, IL: higher priced homes
- Stubblefield, IL: higher priced homes
- Williamson, IL: higher priced homes
Cities with Similar Populations
- Audubon Park, NJ: equally priced homes
- Bancroft, NE: higher priced homes
- Bancroft, WI: higher priced homes
- Barton, MD: higher priced homes
- Phillipsville, PA: higher priced homes
- Quartz, CA: higher priced homes
- Petronila, TX: higher priced homes
- Peru, NE: higher priced homes
- Penobscot, ME: higher priced homes
- Pembroke, NH: higher priced homes
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