Similar to its surrounding areas, it is a lot less expensive compared to the rest of the nation. Compared to the city of Chicago, it's significantly less expensive.
Home prices
The median home in Papineau costs $92,500. Compared to other places in this area it is about $1,660 (1%) lower.In comparison to the United States as a whole it is approximately $125,000 (57%) lower, and is about $165,500 (64%) lower compared to the city of Chicago.
Rents
In Papineau the median rent is $688 a month. Compared to the surrounding areas it is roughly $109 (13%) lower.It is roughly $374 (35%) lower in comparison to the entire country, and is approximately $424 (38%) lower in comparison to the city of Chicago.
Nearby places
Beaverville
Beaverville is about 2 miles east of Papineau. Real estate prices there are a bit less expensive. The median home price in Beaverville is $81,000, which works out to $11,500 (14%) lower than Papineau. Its rents are pretty similar. In Beaverville the median monthly rent is $706, which is $18 (2%) higher than Papineau.
Martinton
Martinton is about 3 miles south of Papineau. Housing prices there are similar. The median home in Martinton is valued at $93,600, which comes out to $1,100 (1%) higher than Papineau. The rent there is somewhat more expensive. The median monthly rent in Martinton is $850, which works out to $162 (19%) higher than Papineau.
St. Anne
St. Anne is about 3 miles north from Papineau. The real estate prices there are a bit more expensive. The value of the median home in St. Anne is $101,200, which is $8,700 (8%) higher than Papineau. Rents there are pretty similar. In St. Anne the median rent is $659 a month, which works out to $29 (4%) lower than Papineau.
Donovan
Donovan is roughly 7 miles southeast of Papineau. Real estate prices there are a bit less expensive. The median home cost in Donovan is $72,900, which comes out to $19,600 (26%) lower than Papineau. Rent there is similar. In Donovan the median monthly rent is $675, which comes out to $13 (1%) lower than Papineau.
Sammons Point
Sammons Point is roughly 7 miles northwest of Papineau. Its real estate prices are a little more expensive. The median home cost in Sammons Point is $122,100, which is $29,600 (24%) higher than Papineau. Rent there is significantly more expensive. In Sammons Point the median monthly rent is $1,094, which works out to $406 (37%) higher than Papineau.
