Monday, August 11, 2025
  • Home
  • About Us
  • Advertise
  • Contact Us
  • Our Team
  • Privacy Policy
Why Save Today
  • Home
  • Business
  • Investment
  • Insurance
  • financial News
  • Personal finance
  • Real Estate
No Result
View All Result
Why Save Today
  • Home
  • Business
  • Investment
  • Insurance
  • financial News
  • Personal finance
  • Real Estate
No Result
View All Result
Why Save Today
No Result
View All Result

10 Most Inexpensive Locations to Reside in Illinois in 2025

whysavetoday by whysavetoday
May 4, 2025
in Real Estate
0
10 Most Inexpensive Locations to Reside in Illinois in 2025
399
SHARES
2.3k
VIEWS
Share on FacebookShare on Twitter


From Chicago’s iconic skyline and world-class museums to historic landmarks like Abraham Lincoln’s residence and the picturesque Starved Rock State Park, there are many causes to think about shifting to Illinois. If Illinois sounds just like the state for you, then you might also be interested in what cities match into your finances. For instance, the median residence sale value in Illinois is $285,900 as of April. 

Don’t fear if that value doesn’t slot in your finances – we’ve bought choices that will help you discover a residence or residence that does. Redfin has rounded up an inventory of 10 of probably the most inexpensive locations to stay in Illinois – they usually all have a median residence sale value beneath $285,900. Let’s discover out which cities made the checklist.

illinois capitol building in springfield_shutterstock

#1: Decatur

Median residence value: $102,250
Common sale value per sq. foot: $75 
Median family earnings: $45,404 
Nearest main metro: Springfield (40 miles)
Decatur, IL properties on the market
Decatur, IL flats for lease

With a median residence sale value of $102,250, Decatur is available in at primary on our checklist of most inexpensive locations to stay in Illinois. There are about 70,500 residents residing on this mid-sized metropolis.  For those who’re contemplating shifting to this space be sure that to go to Nelson Park the place you’ll discover a restaurant, amphitheater, and views of Lake Decatur, try Rock Springs Conservation Space, and stroll alongside the paths at Fairview Park.

#2: Peoria

Median residence value: $133,500
Common sale value per sq. foot: $86
Common lease for a 1-bedroom residence: $924
Median family earnings: $51,736
Nearest main metro: Chicago (160 miles)
Peoria, IL properties on the market
Peoria, IL flats for lease

Coming in because the second most inexpensive metropolis to stay in Illinois is Peoria. When residing on this metropolis of 113,100 individuals, you possibly can discover Laura Bradley Park and the Forest Park Nature Heart, try the riverfront and downtown Peoria, and go to museums just like the Peoria Riverfront Museum.

#3: Springfield

Median residence value: $147,350
Common sale value per sq. foot: $90
Common lease for a 1-bedroom residence: $1,030
Median family earnings: $54,164
Nearest main metro: St. Louis (96 miles)
Springfield, IL properties on the market
Springfield, IL flats for lease

About 114,400 individuals reside in Springfield, positioned in central Illinois. The median residence sale value is $147,350 which is about $140K lower than the median residence sale value in Illinois. Ensure that to go to the Illinois State Capitol constructing and take a look at historic websites like Lincoln House Nationwide Historic Website, Abraham Lincoln Presidential Library and Museum, and Dana-Thomas Home State Historic Website. You too can spend the day at Lake Springfield for those who transfer to the third most inexpensive metropolis.

rockford illinois river view and building_shutterstock

#4: Rockford

Median residence value: $165,000
Common sale value per sq. foot: $98
Common lease for a 1-bedroom residence: $987
Median family earnings: $50,744
Rockford, IL properties on the market
Rockford, IL flats for lease

With a median residence sale value of $165,000, Rockford is the fourth on our checklist of most inexpensive locations to stay in Illinois. There are about 146,100 residents residing on this mid-sized metropolis.  For those who’re contemplating shifting to this space be sure that to go to a number of the metropolis’s inexperienced areas just like the Anderson Japanese Gardens, the Nicholas Conservatory & Gardens, and the Klehm Arboretum & Botanic Backyard. Rockford additionally has an amazing downtown alongside the Rock River, the place you’ll discover native eating places and breweries, the Rockford Metropolis Market, and the Coronado Performing Arts Heart.

#5: Bloomington

Median residence value: $212,500
Common sale value per sq. foot: $112
Common lease for a 1-bedroom residence: $1,012
Median family earnings: $66,861
Nearest main metro: Peoria (38 miles)
Bloomington, IL properties on the market
Bloomington, IL flats for lease

One other noteworthy metropolis is Bloomington, the place you’ll discover the house costs are about $120K lower than the state’s common. Bloomington has about 78,700 residents and is a superb metropolis to think about shopping for a house this 12 months. There are many actions to do on this metropolis. You may go to the museums and historic spots just like the McLean County Museum of Historical past and David Davis Mansion, try Miller Park and the Miller Park Zoo, and golf at one of many programs, amongst many different native favorites.

#6: Waukegan

Median residence value: $234,000
Common sale value per sq. foot: $178
Common lease for a 1-bedroom residence: $1,385
Median family earnings: $66,077
Nearest main metro: Chicago (45 miles)
Waukegan, IL properties on the market
Waukegan, IL flats for lease

Sixth on our checklist is Waukegan, positioned alongside Lake Michigan. House to about 87,600 residents, Waukegan is an superior inexpensive lakefront metropolis to stay in. For instance, you possibly can get pleasure from Waukegan Municipal Seaside the place you’ll discover the Waukegan Dunes and the Waukegan Harbor Mild. Waukegan additionally has loads of landmarks just like the Genesee Theatre and inexperienced areas like Waukegan Savanna Forest Protect and the Illinois Seaside Nature Protect. 

snow on the university of illinois urbana-champaign campus

#7: Champaign

Median residence value: $237,000
Common sale value per sq. foot: $148
Common lease for a 1-bedroom residence: $1,155
Median family earnings: $51,736
Nearest main metro: Springfield (86 miles)
Champaign, IL properties on the market
Champaign, IL flats for lease

Solely barely costlier than Waukegan is Champaign, the following metropolis on our checklist. With roughly 88,300 residents in Champaign, be sure that to take a look at one of many parks like Kaufman Lake, discover downtown Champaign, and go to the College of Illinois Urbana-Champaign campus.

#8: Oak Garden

Median residence value: $245,000
Common sale value per sq. foot: $173 
Median family earnings: $69,352 
Nearest main metro: Chicago (25 miles)
Oak Garden, IL properties on the market
Oak Garden, IL flats for lease

Subsequent on our checklist of inexpensive locations to stay in Illinois is Oak Garden. With a inhabitants of near 58,400, Oak Garden is a superb space to stay in that’s not almost as massive as the foremost metropolitan cities in Illinois. It’s additionally conveniently positioned simply southwest of Chicago. If you end up shifting to this metropolis be sure that to discover the Wolfe Wildlife Park the place you’ll discover trails and nature preserves, and take a look at the native eating places.

#9: Regular

Median residence value: $265,000
Common sale value per sq. foot: $121
Common lease for a 1-bedroom residence: $1,225
Median family earnings: $51,736
Nearest main metro: Peoria (38 miles)
Regular, IL properties on the market
Regular, IL flats for lease

Think about including Regular to your checklist of cities to take a look at to for those who’re searching for an inexpensive place to stay in Illinois. With 52,700 individuals residing on this inexpensive city, you possibly can try the Illinois State College campus, and go to a number of the historic spots and parks on the town.

#10: Joliet

Median residence value: $285,500
Common sale value per sq. foot: $177 
Common lease for a 1-bedroom residence: $1,235 
Median family earnings: $72,871 
Nearest main metro: Chicago (48 miles)
Joliet, IL properties on the market
Joliet, IL flats for lease

The ultimate metropolis on our checklist of inexpensive locations to stay in Illinois is Joliet. House to about 150,400 residents, Joliet is a superb possibility to think about. A number of the points of interest in Joliet embody visiting the Joliet Space Historic Museum, stopping by the Rialto Sq. Theatre, and trying out Historic Route 66.

Methodology: All cities should have over 50,000 residents per the US Census and have a median residence sale value beneath the typical median residence sale value in Illinois. Median residence sale value and median sale value per sq. foot from the Redfin Knowledge Heart throughout April 2025. Common rental information from Lease.com April 2025. Inhabitants and median family earnings information sourced from the United States Census Bureau.

Share via:

  • Facebook
  • Twitter
  • LinkedIn
  • More
Tags: AffordableIllinoisLivePlaces
Previous Post

When the Fairness Premium Fades, Alpha Shines

Next Post

Israeli startups raised $500m in April

Next Post
Israeli startups raised $500m in April

Israeli startups raised $500m in April

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News

  • Path Act 2025 Tax Refund Dates

    Path Act 2025 Tax Refund Dates

    403 shares
    Share 161 Tweet 101
  • Query of the Day [Black History Month]: What Black-owned media firm grew to become the primary to be publicly traded on the New York Inventory Alternate?

    400 shares
    Share 160 Tweet 100
  • Shares Wipe Out CPI-Fueled Slide as Large Tech Jumps: Markets Wrap

    400 shares
    Share 160 Tweet 100
  • The Energy of Cyber Insurance coverage

    400 shares
    Share 160 Tweet 100
  • Why Actual Property Is Struggling To Maintain Up With A Rising US Financial system

    400 shares
    Share 160 Tweet 100

About Us

At Why Save Today, we are dedicated to bringing you the latest insights and trends in the world of finance, investment, and business. Our mission is to empower our readers with the knowledge and tools they need to make informed financial decisions, achieve their investment goals, and stay ahead in the ever-evolving business landscape.

Category

  • Business
  • financial News
  • Insurance
  • Investment
  • Personal finance
  • Real Estate

Recent Post

  • Which AI Software Offers The Greatest Pupil Mortgage Suggestions?
  • Gold Reserve Information Response to Discover of Unsolicited Non-conforming Bid within the CITGO Sale Course of
  • Money, cheque or crypto: Luxurious house sale invitations Bitcoin consumers
  • Home
  • About Us
  • Advertise
  • Contact Us
  • Our Team
  • Privacy Policy

© 2024 whysavetoday.com. All rights reserved

No Result
View All Result
  • Home
  • Business
  • Investment
  • Insurance
  • financial News
  • Personal finance
  • Real Estate

© 2024 whysavetoday.com. All rights reserved

  • Facebook
  • Twitter
  • LinkedIn
  • More Networks
Share via
Facebook
X (Twitter)
LinkedIn
Mix
Email
Print
Copy Link
Copy link
CopyCopied