Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Tallula area can be challenging. Home prices in Tallula are now at a median cost of $101,309, lower than the Illinois average of $242,002.
The average cost of rent is $681/mo in Tallula, primarily driven by the current value of real estate in the Tallula area. While nearly 58.12% of residents own their homes outright in Tallula, 11.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tallula is $6,029 per month. Households that rent pay about 11.29% of their income on rent here. Tallula's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Richland, IL: higher priced homes
- Ashland, IL: equally priced homes
- Prentice, IL: higher priced homes
- Petersburg, IL: higher priced homes
- Pleasant Plains, IL: higher priced homes
- Newmansville, IL: less expensive homes
- Tice, IL: higher priced homes
- Salisbury, IL: higher priced homes
- Philadelphia, IL: equally priced homes
- Yatesville, IL: higher priced homes
Cities with Similar Populations
- Conway, KY: less expensive homes
- Union, IA: less expensive homes
- Vernontown, AL: less expensive homes
- Doyle, CA: higher priced homes
- Dowell, IL: less expensive homes
- Dolen, TX: equally priced homes
- Dillon, GA: higher priced homes
- Derby, OH: higher priced homes
- Crooked Oak, AL: higher priced homes
- Cottonton, AL: higher priced homes
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