Similar to nearby areas, it's substantially less expensive compared to the US as a whole. However it is a little less expensive compared to the city of Champaign.
Home prices
The value of the median home in Mansfield is $125,600. In comparison to nearby areas this is about $1,940 (1%) lower.In comparison to the nation as a whole it is about $91,900 (42%) lower, and in comparison to the city of Champaign it is roughly $36,200 (22%) lower.
Rents
Mansfield's median rent is $863 a month. Compared to nearby areas it is about $27 (2%) lower.In comparison to the US as a whole it is about $199 (18%) lower, and it is roughly $89 (9%) lower compared to the city of Champaign.
Nearby places
Mahomet
Mahomet is about 5 miles east of Mansfield. The housing prices there are substantially more expensive. The value of the median home in Mahomet is $240,300, which works out to $114,700 (47%) higher than Mansfield. Its rents are somewhat more expensive. Mahomet's median monthly rent is $939, which comes out to $76 (8%) higher than Mansfield.
Lake of the Woods
Lake of the Woods is roughly 6 miles east from Mansfield. Real estate prices there are a little less expensive. Lake of the Woods's median home price is $114,600, which works out to $11,000 (9%) lower than Mansfield. The rent there is a bit more expensive. Lake of the Woods's median rent is $926 per month, which comes out to $63 (6%) higher than Mansfield.
Farmer City
Farmer City is approximately 6 miles west of Mansfield. Its real estate prices are a bit less expensive. The median home cost in Farmer City is $112,100, which comes out to $13,500 (12%) lower than Mansfield. The rent there is a little more expensive. The median rent in Farmer City is $950 a month, which comes out to $87 (9%) higher than Mansfield.
De Land
De Land is about 8 miles southwest from Mansfield. The housing prices there are a lot less expensive. De Land's median home price is $84,200, which comes out to $41,400 (49%) lower than Mansfield. Rents there are similar. In De Land the median rent is $850 per month, which works out to $13 (1%) lower than Mansfield.
Bellflower
Bellflower is roughly 8 miles north of Mansfield. Real estate prices there are significantly less expensive. Bellflower's median home value is $86,500, which is $39,100 (45%) lower than Mansfield. Its rents are a little less expensive. Bellflower's median rent is $783 per month, which works out to $80 (10%) lower than Mansfield.
