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These days, finding an affordable place to live in the Spires area can be challenging. Home prices in Spires are now at a median cost of $142,560, lower than the Illinois average of $300,242.
The average cost of rent is $816/mo in Spires, primarily driven by the current value of real estate in the Spires area. In Spires, 24.74% of households rent, and 50.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spires is $7,109 per month. Households that rent pay about 11.47% of their income on rent here. Spires’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Flanagan, IL: higher priced homes
- Woodford, IL: equally priced homes
- Minonk, IL: less expensive homes
- Dana, IL: equally priced homes
- Panola, IL: higher priced homes
- Gridley, IL: higher priced homes
- Long Point, IL: higher priced homes
- Rutland, IL: equally priced homes
- Enright, IL: higher priced homes
- Graymont, IL: higher priced homes
Cities with Similar Populations
- Mozer, WV: higher priced homes
- Moonshine, IL: equally priced homes
- Moriah, NC: higher priced homes
- Mormon Lake, AZ: higher priced homes
- Morning Glory, KY: higher priced homes
- Morrisvale, WV: less expensive homes
- Morville, LA: less expensive homes
- Moultonville, NH: higher priced homes
- Mound, LA: higher priced homes
- Mound Station, IL: higher priced homes
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