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These days, finding an affordable place to live in the Sugar Grove area can be challenging. Home prices in Sugar Grove are now at a median cost of $397,176, higher than the Illinois average of $300,242.
The average cost of rent is $1,446/mo in Sugar Grove, primarily driven by the current value of real estate in the Sugar Grove area. In Sugar Grove, 8.01% of households rent, and 35.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sugar Grove is $11,462 per month. Households that rent pay about 12.61% of their income on rent here. Sugar Grove’s most expensive areas are in the northern 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
- Nottingham Woods, IL: equally priced homes
- Montgomery, IL: less expensive homes
- Bristol, IL: less expensive homes
- North Aurora, IL: less expensive homes
- Big Rock, IL: less expensive homes
- Mooseheart, IL: higher priced homes
- Kaneville, IL: equally priced homes
- Boulder Hill, IL: less expensive homes
- Elburn, IL: equally priced homes
- Aurora, IL: less expensive homes
Cities with Similar Populations
- Newcastle, OK: less expensive homes
- Navasota, TX: less expensive homes
- Nevada, MO: less expensive homes
- New Brighton, PA: less expensive homes
- New Haven, MI: less expensive homes
- New London, WI: less expensive homes
- New Market, AL: less expensive homes
- New Prague, MN: equally priced homes
- Newalla, OK: less expensive homes
- Newark, NY: less expensive homes
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