Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Toledo area can be challenging. Home prices in Toledo are now at a median cost of $94,786, lower than the Illinois average of $242,002.
The average cost of rent is $742/mo in Toledo, primarily driven by the current value of real estate in the Toledo area. While nearly 49.97% of residents own their homes outright in Toledo, 23.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Toledo is $5,799 per month. Households that rent pay about 12.79% of their income on rent here. Toledo's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Jewett, IL: higher priced homes
- Greenup, IL: equally priced homes
- Timothy, IL: less expensive homes
- Janesville, IL: less expensive homes
- Woodbury, IL: higher priced homes
- Trilla, IL: higher priced homes
- Maple Point, IL: less expensive homes
- Lerna, IL: higher priced homes
- Montrose, IL: higher priced homes
- Sigel, IL: higher priced homes
Cities with Similar Populations
- Belington, WV: less expensive homes
- Belleville, KS: less expensive homes
- Benton, MO: higher priced homes
- Branchville, SC: equally priced homes
- Bruceton, TN: less expensive homes
- Princeville, HI: higher priced homes
- Shelocta, PA: higher priced homes
- Sebeka, MN: higher priced homes
- Seabrook Island, SC: higher priced homes
- Scio, OH: higher priced homes
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