Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Steel City area can be challenging. Home prices in Steel City are now at a median cost of $143,999, lower than the Illinois average of $300,242.
The average cost of rent is $840/mo in Steel City, primarily driven by the current value of real estate in the Steel City area. In Steel City, 18.26% of households rent, and 53.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Steel City is $6,274 per month. Households that rent pay about 13.39% of their income on rent here. Steel City’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
- Benton, IL: less expensive homes
- Logan, IL: less expensive homes
- West City, IL: less expensive homes
- Hanaford, IL: less expensive homes
- Whittington, IL: equally priced homes
- Ewing, IL: equally priced homes
- Parrish, IL: less expensive homes
- Akin, IL: equally priced homes
- Rend City, IL: less expensive homes
- Buckner, IL: less expensive homes
Cities with Similar Populations
- Ruraldale, OH: higher priced homes
- Lowake, TX: less expensive homes
- Lydesdale, AR: less expensive homes
- Mack Creek Village, VA: equally priced homes
- Manasota Key, FL: higher priced homes
- Rosette, UT: higher priced homes
- Rowden, TX: less expensive homes
- Roystone, PA: less expensive homes
- Ruby, AK: less expensive homes
- Ruby, MT: higher priced homes
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