Home prices
Ludlow's median home cost is $51,700. Compared to its nearby areas it is approximately $46,960 (47%) lower.It is roughly $165,800 (76%) lower compared to the entire country, and compared to the city of Champaign it is about $110,100 (68%) lower.
Rents
In Ludlow the median monthly rent is $638. This is about $36 (5%) lower compared to its nearby areas.It is roughly $424 (39%) lower in comparison to the entire country, and it is roughly $314 (32%) lower in comparison to the city of Champaign.
Nearby places
Paxton
Paxton is about 4 miles north from Ludlow. Housing prices there are substantially more expensive. Paxton's median home cost is $94,800, which works out to $43,100 (45%) higher than Ludlow. Its rents are fairly similar. The median rent in Paxton is $655 per month, which is $17 (2%) higher than Ludlow.
Rantoul
Rantoul is approximately 5 miles south from Ludlow. The housing prices there are a lot more expensive. The cost of the median home in Rantoul is $85,900, which works out to $34,200 (39%) higher than Ludlow. Rents there are somewhat more expensive. In Rantoul the median monthly rent is $782, which comes out to $144 (18%) higher than Ludlow.
Gifford
Gifford is roughly 7 miles southeast from Ludlow. Real estate prices there are substantially more expensive. The price of the median home in Gifford is $152,500, which works out to $100,800 (66%) higher than Ludlow. The rent there is pretty similar. The median rent in Gifford is $633 per month, which is very similar to Ludlow.
Elliott
Elliott is roughly 8 miles northwest of Ludlow. Its housing prices are significantly more expensive. The median home price in Elliott is $79,100, which works out to $27,400 (34%) higher than Ludlow. Its rents are somewhat more expensive. Elliott's median rent is $733 a month, which is $95 (12%) higher than Ludlow.
Loda
Loda is roughly 9 miles north from Ludlow. Its real estate prices are a lot more expensive. The cost of the median home in Loda is $81,000, which works out to $29,300 (36%) higher than Ludlow. Rents there are a bit less expensive. The median monthly rent in Loda is $567, which is $71 (12%) lower than Ludlow.