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Affordable
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These days, finding an affordable place to live in the Sun River Terrace area can be challenging. Home prices in Sun River Terrace are now at a median cost of $169,703, lower than the Illinois average of $300,242.
The average cost of rent is $1,083/mo in Sun River Terrace, primarily driven by the current value of real estate in the Sun River Terrace area. In Sun River Terrace, 39.14% of households rent, and 50.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sun River Terrace is $5,471 per month. Households that rent pay about 19.79% of their income on rent here. Sun River Terrace’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- St. Anne, IL: higher priced homes
- Aroma Park, IL: higher priced homes
- Wichert, IL: higher priced homes
- St. George, IL: higher priced homes
- Momence, IL: equally priced homes
- Leesville, IL: higher priced homes
- Bradley, IL: higher priced homes
- Kankakee, IL: less expensive homes
- Hopkins Park, IL: less expensive homes
- Pembroke Township, IL: less expensive homes
Cities with Similar Populations
- St. Lucie Village, FL: higher priced homes
- Jasper, VA: less expensive homes
- Jones Crossroads, SC: higher priced homes
- Killarney Shores, MO: equally priced homes
- Laclede, ID: higher priced homes
- Lake Church, WI: higher priced homes
- Smilax, KY: less expensive homes
- Smyer, TX: less expensive homes
- Snowflake, WV: equally priced homes
- Speonk, NY: higher priced homes
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