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These days, finding an affordable place to live in the Stratton area can be challenging. Home prices in Stratton are now at a median cost of $123,562, lower than the Illinois average of $300,242.
The average cost of rent is $824/mo in Stratton, primarily driven by the current value of real estate in the Stratton area. In Stratton, 14.85% of households rent, and 55.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Stratton is $5,709 per month. Households that rent pay about 14.44% of their income on rent here. Stratton’s most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Crisp, IL: equally priced homes
- Shields, IL: higher priced homes
- Keenes, IL: less expensive homes
- Bluford, IL: equally priced homes
- Wayne City, IL: equally priced homes
- Round Prairie, IL: equally priced homes
- Sims, IL: less expensive homes
- Texico, IL: higher priced homes
- Camp Ground, IL: higher priced homes
- Johnsonville, IL: higher priced homes
Cities with Similar Populations
- Wirt, OK: less expensive homes
- Leonardsville, NY: higher priced homes
- Lewisville, PA: higher priced homes
- Limestone Creek, FL: higher priced homes
- Lincoln, KY: less expensive homes
- Linnsburg, IN: higher priced homes
- Woodbury, IL: higher priced homes
- Woodbine, TX: higher priced homes
- Wood Lake, NE: higher priced homes
- Wolfeboro Center, NH: higher priced homes
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