Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Trout Valley area can be challenging. Home prices in Trout Valley are now at a median cost of $264,327, higher than the Illinois average of $242,002.
The average cost of rent is $1,751/mo in Trout Valley, primarily driven by the current value of real estate in the Trout Valley area. While nearly 23.71% of residents own their homes outright in Trout Valley, 18.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Trout Valley is $7,882 per month. Households that rent pay about 22.22% of their income on rent here. Trout Valley's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Cary, IL: equally priced homes
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- Port Barrington, IL: higher priced homes
- Crystal Lake, IL: equally priced homes
- Lake Barrington, IL: higher priced homes
- Prairie Grove, IL: higher priced homes
- Carpentersville, IL: less expensive homes
Cities with Similar Populations
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- Bedford Park, IL: less expensive homes
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- Big Arm, MT: higher priced homes
- Big Springs, NE: less expensive homes
- Black, AL: less expensive homes
- Blackland, MS: less expensive homes
- Bowmansville, PA: less expensive homes
- Bramwell, WV: less expensive homes
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