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Affordable
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These days, finding an affordable place to live in the Yale area can be challenging. Home prices in Yale are now at a median cost of $103,366, lower than the Illinois average of $300,242.
The average cost of rent is $824/mo in Yale, primarily driven by the current value of real estate in the Yale area. In Yale, 12.77% of households rent, and 45.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Yale is $5,409 per month. Households that rent pay about 15.23% of their income on rent here. Yale’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hazel Dell, IL: equally priced homes
- Hidalgo, IL: higher priced homes
- Willow Hill, IL: higher priced homes
- Moriah, IL: higher priced homes
- Rose Hill, IL: higher priced homes
- Falmouth, IL: higher priced homes
- Hardinville, IL: equally priced homes
- Moonshine, IL: higher priced homes
- Oblong, IL: equally priced homes
- Annapolis, IL: higher priced homes
Cities with Similar Populations
- Agra, KS: less expensive homes
- Zoar, NY: higher priced homes
- Zena, NY: higher priced homes
- Zebina, GA: equally priced homes
- Zama, MS: higher priced homes
- Young, WV: higher priced homes
- Yonna, OR: higher priced homes
- Yarmouth, IA: higher priced homes
- Yankee Lake, OH: higher priced homes
- Wyatt Village, TN: equally priced homes
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