Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Tower Hill area can be challenging. Home prices in Tower Hill are now at a median cost of $130,486, lower than the Illinois average of $242,002.
The average cost of rent is $641/mo in Tower Hill, primarily driven by the current value of real estate in the Tower Hill area. While nearly 60.91% of residents own their homes outright in Tower Hill, 16.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tower Hill is $5,869 per month. Households that rent pay about 10.92% of their income on rent here. Tower Hill's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Henton, IL: higher priced homes
- Lakewood Township, IL: higher priced homes
- Pana, IL: less expensive homes
- Westervelt, IL: higher priced homes
- Shelbyville, IL: equally priced homes
- Oconee, IL: equally priced homes
- Cowden, IL: less expensive homes
- Assumption, IL: less expensive homes
- Yantisville, IL: higher priced homes
- Millersville, IL: higher priced homes
Cities with Similar Populations
- Grand Coulee, WA: higher priced homes
- Springport, IN: equally priced homes
- Robie Creek, ID: higher priced homes
- Jamestown, SC: higher priced homes
- Hydes, MD: higher priced homes
- Hot Springs, VA: higher priced homes
- Hineston, LA: less expensive homes
- Hart, TX: less expensive homes
- Grayland, WA: higher priced homes
- Spruce Pine, AL: less expensive homes
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