
Home Price Key
These days, finding an affordable place to live in the Tomahawk Bluff area can be challenging. Home prices in Tomahawk Bluff are now at a median cost of $241,500, lower than the Illinois average of $242,002.
The average cost of rent is $638/mo in Tomahawk Bluff, primarily driven by the current value of real estate in the Tomahawk Bluff area. While nearly 49.14% of residents own their homes outright in Tomahawk Bluff, 9.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tomahawk Bluff is $7,961 per month. Households that rent pay about 8.01% of their income on rent here. Tomahawk Bluff's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
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