Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Walnut area can be challenging. Home prices in Walnut are now at a median cost of $106,542, lower than the Illinois average of $242,002.
The average cost of rent is $906/mo in Walnut, primarily driven by the current value of real estate in the Walnut area. While nearly 46.61% of residents own their homes outright in Walnut, 28.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Walnut is $3,944 per month. Households that rent pay about 22.97% of their income on rent here. Walnut's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Deer Grove, IL: higher priced homes
- Ohio, IL: equally priced homes
- New Bedford, IL: higher priced homes
- Manlius, IL: equally priced homes
- Kasbeer, IL: less expensive homes
- Harmon, IL: higher priced homes
- Tampico, IL: equally priced homes
- Thomas, IL: higher priced homes
- Van Orin, IL: higher priced homes
- Maytown, IL: higher priced homes
Cities with Similar Populations
- Copenhagen, NY: higher priced homes
- Imboden, AR: less expensive homes
- McMechen, WV: less expensive homes
- Red Lake Falls, MN: higher priced homes
- Port Orford, OR: higher priced homes
- Plymouth, CA: higher priced homes
- Oakland, IA: higher priced homes
- Oakham, MA: higher priced homes
- Naval Air Station JRB, TX: higher priced homes
- Myrtle Springs, TX: higher priced homes
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