Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Warsaw area can be challenging. Home prices in Warsaw are now at a median cost of $93,131, lower than the Illinois average of $242,002.
The average cost of rent is $698/mo in Warsaw, primarily driven by the current value of real estate in the Warsaw area. While nearly 53.96% of residents own their homes outright in Warsaw, 16.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Warsaw is $4,938 per month. Households that rent pay about 14.13% of their income on rent here. Warsaw's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
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