Similar to its surrounding areas, it is significantly less expensive compared to the rest of the nation. Compared to the city of Chicago, it is a lot less expensive.
Home prices
The median home cost in Lee is $116,000. It is about $3,900 (3%) lower in comparison to other places in this area.In comparison to the rest of the nation it is about $101,500 (46%) lower, and compared to the city of Chicago it is approximately $142,000 (55%) lower.
Rents
The median monthly rent in Lee is $763. Compared to its nearby areas this is approximately $35 (4%) higher.Compared to the United States as a whole it is about $299 (28%) lower, and is approximately $349 (31%) lower compared to the city of Chicago.
Nearby places
Shabbona
Shabbona is about 3 miles southeast from Lee. The housing prices there are a little more expensive. Shabbona's median home value is $154,900, which works out to $38,900 (25%) higher than Lee. Rents there are similar. In Shabbona the median monthly rent is $773, which works out to $10 (1%) higher than Lee.
Steward
Steward is about 4 miles northwest of Lee. The real estate prices there are somewhat less expensive. The median home price in Steward is $100,000, which comes out to $16,000 (15%) lower than Lee. The rent there is fairly similar. In Steward the median monthly rent is $740, which is $23 (3%) lower than Lee.
Paw Paw
Paw Paw is about 7 miles south of Lee. The housing prices there are pretty similar. The median home value in Paw Paw is $114,600, which comes out to $1,400 (1%) lower than Lee. Its rents are a little less expensive. The median rent in Paw Paw is $672 a month, which works out to $91 (13%) lower than Lee.
Waterman
Waterman is approximately 7 miles east of Lee. The housing prices there are a bit more expensive. The median home in Waterman costs $161,700, which works out to $45,700 (28%) higher than Lee. Rents there are similar. In Waterman the median monthly rent is $772, which is $9 (1%) higher than Lee.
Compton
Compton is approximately 9 miles southwest from Lee. Its housing prices are a lot less expensive. Compton's median home cost is $68,300, which comes out to $47,700 (69%) lower than Lee. Rent there is a bit less expensive. Compton's median rent is $681 a month, which comes out to $82 (12%) lower than Lee.
