Home prices
The median home in Ottawa costs $128,000. This is approximately $12,140 (8%) lower in comparison to other places in this area.In comparison to the nation as a whole it is about $89,500 (41%) lower, and compared to the city of Chicago it is about $130,000 (50%) lower.
Rents
The median monthly rent in Ottawa is $819. This is approximately $113 (12%) lower compared to the surrounding areas.Compared to the US as a whole it is about $243 (22%) lower, and it is approximately $293 (26%) lower compared to the city of Chicago.
Nearby places
Naplate
Naplate is Ottawa's neighbor to the southwest. The real estate prices there are significantly less expensive. The median home in Naplate is valued at $91,400, which works out to $36,600 (40%) lower than Ottawa. Its rents are pretty similar. In Naplate the median rent is $853 a month, which is $34 (3%) higher than Ottawa.
Dayton
Dayton is Ottawa's neighbor to the northeast. Its housing prices are substantially more expensive. The median home price in Dayton is $202,300, which works out to $74,300 (36%) higher than Ottawa. Rents there are somewhat more expensive. In Dayton the median monthly rent is $930, which comes out to $111 (11%) higher than Ottawa.
Marseilles
Marseilles is approximately 7 miles southeast of Ottawa. Housing prices there are somewhat less expensive. The median home in Marseilles is valued at $108,400, which is $19,600 (18%) lower than Ottawa. Rent there is a little more expensive. In Marseilles the median monthly rent is $949, which comes out to $130 (13%) higher than Ottawa.
Grand Ridge
Grand Ridge is approximately 7 miles south of Ottawa. Real estate prices there are a little less expensive. Grand Ridge's median home price is $108,300, which is $19,700 (18%) lower than Ottawa. The rent there is somewhat more expensive. In Grand Ridge the median rent is $1,042 per month, which works out to $223 (21%) higher than Ottawa.
North Utica
North Utica is roughly 8 miles west from Ottawa. Real estate prices there are a lot more expensive. North Utica's median home cost is $190,300, which comes out to $62,300 (32%) higher than Ottawa. Rents there are a little more expensive. North Utica's median monthly rent is $888, which is $69 (7%) higher than Ottawa.