Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Spring Valley area can be challenging. Home prices in Spring Valley are now at a median cost of $157,547, lower than the Illinois average of $300,242.
The average cost of rent is $938/mo in Spring Valley, primarily driven by the current value of real estate in the Spring Valley area. In Spring Valley, 32.92% of households rent, and 49.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spring Valley is $6,066 per month. Households that rent pay about 15.47% of their income on rent here. Spring Valley’s most expensive areas are in the western 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
- Dalzell, IL: equally priced homes
- Ladd, IL: less expensive homes
- Peru, IL: equally priced homes
- Seatonville, IL: less expensive homes
- Granville, IL: less expensive homes
- Mark, IL: equally priced homes
- DePue, IL: less expensive homes
- Standard, IL: less expensive homes
- Hollowayville, IL: less expensive homes
- Lasalle, IL: less expensive homes
Cities with Similar Populations
- Carlyss, LA: higher priced homes
- Cashmere, WA: higher priced homes
- Carver, MN: higher priced homes
- Caruthersville, MO: less expensive homes
- Caruthers, CA: higher priced homes
- Carthage, NY: higher priced homes
- Carrizo Springs, TX: less expensive homes
- Carolina Beach, NC: higher priced homes
- Carneys Point, NJ: higher priced homes
- Carnesville, GA: higher priced homes
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