The Most Affordable Neighborhoods in Villa Grove, IL by Home Value

 

Villa Grove, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Villa Grove area can be challenging. Home prices in Villa Grove are now at a median cost of $111,855, lower than the Illinois average of $242,002.

The average cost of rent is $723/mo in Villa Grove, primarily driven by the current value of real estate in the Villa Grove area. While nearly 41.71% of residents own their homes outright in Villa Grove, 20.00% rent.

Housing affordability isn’t just about home prices, though. The average household income in Villa Grove is $5,167 per month. Households that rent pay about 13.99% of their income on rent here. Villa Grove's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.


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