The Most Affordable Neighborhoods in The Galena Territory, IL by Home Value

 

The Galena Territory, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the The Galena Territory area can be challenging. Home prices in The Galena Territory are now at a median cost of $285,578, higher than the Illinois average of $242,002.

The average cost of rent is $865/mo in The Galena Territory, primarily driven by the current value of real estate in the The Galena Territory area. While nearly 47.38% of residents own their homes outright in The Galena Territory, 4.21% rent.

Housing affordability isn’t just about home prices, though. The average household income in The Galena Territory is $7,118 per month. Households that rent pay about 12.16% of their income on rent here. The Galena Territory's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.


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