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Affordable
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These days, finding an affordable place to live in the St. Elmo area can be challenging. Home prices in St. Elmo are now at a median cost of $100,214, lower than the Illinois average of $300,242.
The average cost of rent is $768/mo in St. Elmo, primarily driven by the current value of real estate in the St. Elmo area. In St. Elmo, 16.78% of households rent, and 55.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in St. Elmo is $4,207 per month. Households that rent pay about 18.26% of their income on rent here. St. Elmo’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
- Pruett, IL: higher priced homes
- St. James, IL: higher priced homes
- Brownstown, IL: equally priced homes
- Wrights Corner, IL: higher priced homes
- Altamont, IL: higher priced homes
- Confidence, IL: higher priced homes
- Hagarstown, IL: higher priced homes
- Moccasin, IL: higher priced homes
- Dexter, IL: higher priced homes
- St. Peter, IL: higher priced homes
Cities with Similar Populations
- Somerset, MD: higher priced homes
- Greenbackville, VA: higher priced homes
- Half Moon, FL: higher priced homes
- Harding Lakes, NJ: higher priced homes
- Harvey, ND: higher priced homes
- Helen, MD: higher priced homes
- Hickory Tavern, SC: higher priced homes
- Honea, TX: higher priced homes
- Inwood, IA: higher priced homes
- Irons, MI: higher priced homes
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