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These days, finding an affordable place to live in the Walnut Grove area can be challenging. Home prices in Walnut Grove are now at a median cost of $137,800, lower than the Illinois average of $300,242.
The average cost of rent is $788/mo in Walnut Grove, primarily driven by the current value of real estate in the Walnut Grove area. In Walnut Grove, 17.09% of households rent, and 53.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Walnut Grove is $5,390 per month. Households that rent pay about 14.62% of their income on rent here. Walnut Grove’s most expensive areas are in the central 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
- Good Hope, IL: equally priced homes
- Youngstown, IL: less expensive homes
- Swan Creek, IL: less expensive homes
- Sciota, IL: higher priced homes
- Bushnell, IL: less expensive homes
- Bardolph, IL: less expensive homes
- Roseville, IL: less expensive homes
- Prairie City, IL: less expensive homes
- Greenbush, IL: higher priced homes
- Macomb, IL: less expensive homes
Cities with Similar Populations
- Sand Ridge, WV: less expensive homes
- Maxine, AL: higher priced homes
- Maybank, MS: higher priced homes
- Mayflower, TX: higher priced homes
- Maynard, KY: less expensive homes
- Mayo, VA: less expensive homes
- Maza, ND: higher priced homes
- McArthur, AR: less expensive homes
- McCartney, WI: higher priced homes
- McCloud, TN: higher priced homes
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