Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Vermilion area can be challenging. Home prices in Vermilion are now at a median cost of $81,541, lower than the Illinois average of $242,002.
The average cost of rent is $1,021/mo in Vermilion, primarily driven by the current value of real estate in the Vermilion area. While nearly 44.62% of residents own their homes outright in Vermilion, 12.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Vermilion is $5,198 per month. Households that rent pay about 19.64% of their income on rent here. Vermilion's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Libertyville, IN: higher priced homes
- Nevins, IL: higher priced homes
- Paris, IL: equally priced homes
- Elbridge, IL: higher priced homes
- Shirkieville, IN: higher priced homes
- Universal, IN: higher priced homes
- Oliver, IL: higher priced homes
- Liggett, IN: higher priced homes
- West Terre Haute, IN: higher priced homes
- Shepardsville, IN: higher priced homes
Cities with Similar Populations
- Marathon, IA: higher priced homes
- Lulu, FL: equally priced homes
- Lynchburg, TX: higher priced homes
- Macdoel, CA: higher priced homes
- Makinen, MN: higher priced homes
- Malmo, NE: higher priced homes
- Manalapan, FL: higher priced homes
- Mansfield, TN: equally priced homes
- Maple Hill, MN: higher priced homes
- Maramec, OK: higher priced homes
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