The Most Affordable Neighborhoods in Tice, IL by Home Value

 

Tice, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Tice area can be challenging. Home prices in Tice are now at a median cost of $246,065, higher than the Illinois average of $242,002.

The average cost of rent is $1,027/mo in Tice, primarily driven by the current value of real estate in the Tice area. While nearly 40.50% of residents own their homes outright in Tice, 13.96% rent.

Housing affordability isn’t just about home prices, though. The average household income in Tice is $9,268 per month. Households that rent pay about 11.08% of their income on rent here. Tice's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.


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