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Affordable
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These days, finding an affordable place to live in the Versailles area can be challenging. Home prices in Versailles are now at a median cost of $162,854, lower than the Illinois average of $300,242.
The average cost of rent is $828/mo in Versailles, primarily driven by the current value of real estate in the Versailles area. In Versailles, 11.48% of households rent, and 46.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Versailles is $6,577 per month. Households that rent pay about 12.59% of their income on rent here. Versailles’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cooperstown, IL: equally priced homes
- Meredosia, IL: less expensive homes
- Chambersburg, IL: less expensive homes
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- Naples, IL: less expensive homes
- Mount Sterling, IL: less expensive homes
- Ripley, IL: equally priced homes
- Perry, IL: less expensive homes
- Bluffs, IL: less expensive homes
- Arenzville, IL: equally priced homes
Cities with Similar Populations
- Nichols, IA: equally priced homes
- Placerville, CO: higher priced homes
- Pattonsburg, MO: equally priced homes
- Parkin, AR: less expensive homes
- Palmer, NE: higher priced homes
- Paddy Hill, NY: higher priced homes
- Old Mill Creek, IL: higher priced homes
- Oaks, PA: higher priced homes
- North Londonderry, NH: higher priced homes
- Plainfield, IA: higher priced homes
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