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Affordable
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These days, finding an affordable place to live in the Warren area can be challenging. Home prices in Warren are now at a median cost of $104,281, lower than the Illinois average of $300,242.
The average cost of rent is $816/mo in Warren, primarily driven by the current value of real estate in the Warren area. In Warren, 16.13% of households rent, and 48.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Warren is $6,222 per month. Households that rent pay about 13.11% of their income on rent here. Warren’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Nora, IL: higher priced homes
- Gratiot, WI: higher priced homes
- South Wayne, WI: higher priced homes
- Winslow, WI: higher priced homes
- Apple River, IL: higher priced homes
- Waddams Grove, IL: higher priced homes
- Riverside, WI: higher priced homes
- Winslow, IL: higher priced homes
- Stockton, IL: higher priced homes
- Wiota, WI: higher priced homes
Cities with Similar Populations
- Laona, WI: higher priced homes
- Swords Creek, VA: less expensive homes
- Sumner, IL: equally priced homes
- Sugar Valley, GA: higher priced homes
- Sturgis, MS: higher priced homes
- Stetsonville, WI: higher priced homes
- Roca, NE: higher priced homes
- Marmet, WV: equally priced homes
- Maple, OK: higher priced homes
- Machias, NY: equally priced homes
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