The Most Affordable Neighborhoods in Van Orin, IL by Home Value

 

Van Orin, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Van Orin area can be challenging. Home prices in Van Orin are now at a median cost of $143,217, lower than the Illinois average of $300,242.

The average cost of rent is $829/mo in Van Orin, primarily driven by the current value of real estate in the Van Orin area. In Van Orin, 21.64% of households rent, and 42.20% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Van Orin is $5,802 per month. Households that rent pay about 14.29% of their income on rent here. Van Orin’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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