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Affordable
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These days, finding an affordable place to live in the Weldon area can be challenging. Home prices in Weldon are now at a median cost of $159,237, lower than the Illinois average of $300,242.
The average cost of rent is $804/mo in Weldon, primarily driven by the current value of real estate in the Weldon area. In Weldon, 14.79% of households rent, and 42.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Weldon is $5,851 per month. Households that rent pay about 13.74% of their income on rent here. Weldon’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lane, IL: equally priced homes
- DeLand, IL: less expensive homes
- Dewitt, IL: higher priced homes
- Parnell, IL: higher priced homes
- Cisco, IL: higher priced homes
- Newburg, IL: higher priced homes
- Farmer City, IL: equally priced homes
- Harris, IL: higher priced homes
- Galesville, IL: higher priced homes
- Clinton, IL: less expensive homes
Cities with Similar Populations
- Ivanhoe North, TX: less expensive homes
- Kremlin, OK: higher priced homes
- Kinta, OK: equally priced homes
- Kelliher, MN: higher priced homes
- Junction City, WA: higher priced homes
- Jonesport, ME: less expensive homes
- Joffre, PA: equally priced homes
- Jamesburg, CA: higher priced homes
- Jacumba, CA: higher priced homes
- Ivy Ridge, NC: higher priced homes
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