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These days, finding an affordable place to live in the Virden area can be challenging. Home prices in Virden are now at a median cost of $116,324, lower than the Illinois average of $300,242.
The average cost of rent is $803/mo in Virden, primarily driven by the current value of real estate in the Virden area. In Virden, 29.14% of households rent, and 49.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Virden is $6,755 per month. Households that rent pay about 11.89% of their income on rent here. Virden’s most expensive areas are in the northwestern 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
- Thayer, IL: higher priced homes
- McVey, IL: higher priced homes
- Girard, IL: higher priced homes
- Auburn, IL: higher priced homes
- Divernon, IL: higher priced homes
- Farmersville, IL: equally priced homes
- Nilwood, IL: higher priced homes
- Thomasville, IL: higher priced homes
- Glenarm, IL: higher priced homes
- Waggoner, IL: higher priced homes
Cities with Similar Populations
- Mechanicsburg, OH: higher priced homes
- Seagraves, TX: higher priced homes
- Red Rock, TX: higher priced homes
- Twin City, GA: less expensive homes
- New Salisbury, IN: higher priced homes
- New Paris, OH: equally priced homes
- McColl, SC: less expensive homes
- Kemp, TX: higher priced homes
- Janesville, MN: higher priced homes
- Hudson Oaks, TX: higher priced homes
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