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These days, finding an affordable place to live in the Sycamore area can be challenging. Home prices in Sycamore are now at a median cost of $278,745, lower than the Illinois average of $300,242.
The average cost of rent is $1,244/mo in Sycamore, primarily driven by the current value of real estate in the Sycamore area. In Sycamore, 27.27% of households rent, and 27.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sycamore is $8,203 per month. Households that rent pay about 15.17% of their income on rent here. Sycamore’s most expensive areas are in the northeastern 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
- Cortland, IL: less expensive homes
- DeKalb, IL: less expensive homes
- Richardson, IL: higher priced homes
- Clare, IL: equally priced homes
- Genoa, IL: equally priced homes
- Virgil, IL: higher priced homes
- Burlington, IL: higher priced homes
- Maple Park, IL: higher priced homes
- Kingston, IL: equally priced homes
- Elva, IL: less expensive homes
Cities with Similar Populations
- Albany, CA: higher priced homes
- Orange City, FL: equally priced homes
- Pleasant Prairie, WI: higher priced homes
- Perry, GA: less expensive homes
- Pendleton, OR: equally priced homes
- Pelham, AL: higher priced homes
- Payson, UT: higher priced homes
- Palmetto Bay, FL: higher priced homes
- Palm Valley, FL: higher priced homes
- Ottawa, IL: less expensive homes
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