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These days, finding an affordable place to live in the Walnut Hill area can be challenging. Home prices in Walnut Hill are now at a median cost of $138,507, lower than the Illinois average of $300,242.
The average cost of rent is $790/mo in Walnut Hill, primarily driven by the current value of real estate in the Walnut Hill area. In Walnut Hill, 12.06% of households rent, and 54.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Walnut Hill is $5,819 per month. Households that rent pay about 13.57% of their income on rent here. Walnut Hill’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hubbard Woods, IL: equally priced homes
- Dix, IL: equally priced homes
- Cravat, IL: higher priced homes
- Centralia, IL: less expensive homes
- Wamac, IL: less expensive homes
- Irvington, IL: less expensive homes
- Central City, IL: less expensive homes
- Kell, IL: less expensive homes
- Junction City, IL: less expensive homes
- Selmaville, IL: less expensive homes
Cities with Similar Populations
- Mereta, TX: higher priced homes
- Mount Auburn, IL: less expensive homes
- Moro, AR: less expensive homes
- Monroe, TX: higher priced homes
- Modjeska, CA: higher priced homes
- Miranda, CA: higher priced homes
- Milton Mills, NH: higher priced homes
- Millville, MI: higher priced homes
- Middle River, MN: higher priced homes
- Meriden, MN: higher priced homes
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