The Most Affordable Neighborhoods in Yates City, IL by Home Value

 

Yates City, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Yates City area can be challenging. Home prices in Yates City are now at a median cost of $92,048, lower than the Illinois average of $242,002.

The average cost of rent is $676/mo in Yates City, primarily driven by the current value of real estate in the Yates City area. While nearly 46.75% of residents own their homes outright in Yates City, 21.39% rent.

Housing affordability isn’t just about home prices, though. The average household income in Yates City is $4,711 per month. Households that rent pay about 14.35% of their income on rent here. Yates City's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.


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