Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Towanda area can be challenging. Home prices in Towanda are now at a median cost of $259,996, higher than the Illinois average of $242,002.
The average cost of rent is $776/mo in Towanda, primarily driven by the current value of real estate in the Towanda area. While nearly 32.49% of residents own their homes outright in Towanda, 14.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Towanda is $10,229 per month. Households that rent pay about 7.59% of their income on rent here. Towanda's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Ouray, CO: higher priced homes
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