
Home Price Key
These days, finding an affordable place to live in the Tipton area can be challenging. Home prices in Tipton are now at a median cost of $256,955, higher than the Illinois average of $242,002.
The average cost of rent is $898/mo in Tipton, primarily driven by the current value of real estate in the Tipton area. While nearly 37.74% of residents own their homes outright in Tipton, 7.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tipton is $9,821 per month. Households that rent pay about 9.14% of their income on rent here. Tipton's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Cornersville, MS: less expensive homes
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- Cove, MN: less expensive homes
- Cold Spring, NJ: higher priced homes
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