Is Rankin expensive?

Rankin, IL

State	Illinois
Population	543
Links
Wikipedia article Census profile
Maps
OpenStreetMaps Google Maps Bing Maps MapQuest

Rankin, IL

State

Population

543

Compared to its surrounding areas, Rankin is substantially less expensive, and it is substantially less expensive compared to the nation as a whole. Compared to the city of Chicago, it is significantly less expensive.

Home prices

Rankin's median home cost is $51,700. In comparison to its surrounding areas this is about $32,400 (38%) lower.In comparison to the nation as a whole it is approximately $165,800 (76%) lower, and it is approximately $206,300 (79%) lower in comparison to the city of Chicago.

Chicago

United States

Cissna Park

Paxton

Buckley

Loda

Hoopeston

Rankin

Comparison of median Rankin home price to nearby areas

Distribution of home prices for Rankin and nearby areas

Rents

Rankin's median monthly rent is $658. In comparison to other places in this area this is approximately $28 (4%) higher.It is about $404 (38%) lower compared to the US as a whole, and compared to the city of Chicago is roughly $454 (40%) lower.

Chicago

United States

Buckley

Rankin

Paxton

Hoopeston

Cissna Park

Loda

Comparison of median Rankin rent to nearby areas

Distribution of rents for Rankin and nearby areas

Nearby places

Cissna Park

Cissna Park is roughly 6 miles north from Rankin. Real estate prices there are significantly more expensive. The price of the median home in Cissna Park is $100,800, which is $49,100 (48%) higher than Rankin. The rent there is somewhat less expensive. The median monthly rent in Cissna Park is $614, which works out to $44 (7%) lower than Rankin.

Loda

Loda is approximately 8 miles northwest of Rankin. Real estate prices there are significantly more expensive. The median home in Loda is valued at $81,000, which is $29,300 (36%) higher than Rankin. Rent there is a bit less expensive. The median rent in Loda is $567 a month, which works out to $91 (16%) lower than Rankin.

Paxton

Paxton is approximately 9 miles west of Rankin. The housing prices there are a lot more expensive. The median home in Paxton costs $94,800, which is $43,100 (45%) higher than Rankin. Its rents are similar. Paxton's median monthly rent is $655, which is very similar to Rankin.

Hoopeston

Hoopeston is roughly 10 miles east of Rankin. The real estate prices there are a bit more expensive. The median home cost in Hoopeston is $62,500, which comes out to $10,800 (17%) higher than Rankin. Rents there are a little less expensive. The median monthly rent in Hoopeston is $621, which works out to $37 (5%) lower than Rankin.

Buckley

Buckley is roughly 10 miles northwest from Rankin. The real estate prices there are a lot more expensive. The cost of the median home in Buckley is $81,400, which works out to $29,700 (36%) higher than Rankin. Rent there is similar. In Buckley the median monthly rent is $692, which is $34 (4%) higher than Rankin.