Similar to nearby areas, it's substantially less expensive compared to the rest of the country. It is significantly less expensive compared to the city of Champaign.
Home prices
The median home in St. Elmo costs $74,100. This is roughly $3,200 (4%) higher in comparison to the surrounding areas.It is about $143,400 (65%) lower compared to the nation as a whole, and in comparison to the city of Champaign it is about $87,700 (54%) lower.
Rents
The median rent in St. Elmo is $493 a month. This is approximately $70 (12%) lower compared to nearby areas.It is approximately $569 (53%) lower in comparison to the United States as a whole, and it is about $459 (48%) lower in comparison to the city of Champaign.
Nearby places
Brownstown
Brownstown is about 5 miles west from St. Elmo. Housing prices there are a bit less expensive. The price of the median home in Brownstown is $69,000, which is $5,100 (7%) lower than St. Elmo. Rent there is a bit more expensive. In Brownstown the median rent is $663 per month, which is $170 (25%) higher than St. Elmo.
Altamont
Altamont is roughly 5 miles northeast of St. Elmo. The housing prices there are a little more expensive. The median home cost in Altamont is $98,600, which comes out to $24,500 (24%) higher than St. Elmo. Rent there is substantially more expensive. The median rent in Altamont is $748 a month, which works out to $255 (34%) higher than St. Elmo.
St. Peter
St. Peter is about 10 miles south from St. Elmo. The real estate prices there are a bit less expensive. The median home cost in St. Peter is $66,300, which works out to $7,800 (11%) lower than St. Elmo. Rent there is a little less expensive. The median rent in St. Peter is $413 per month, which works out to $80 (19%) lower than St. Elmo.
Edgewood
Edgewood is about 11 miles southeast of St. Elmo. The housing prices there are significantly less expensive. The median home cost in Edgewood is $54,300, which comes out to $19,800 (36%) lower than St. Elmo. Rents there are somewhat more expensive. In Edgewood the median rent is $667 a month, which comes out to $174 (26%) higher than St. Elmo.
Mason
Mason is roughly 11 miles southeast from St. Elmo. Its real estate prices are a bit less expensive. The median home in Mason is valued at $66,300, which works out to $7,800 (11%) lower than St. Elmo. Rents there are substantially less expensive. In Mason the median rent is $325 per month, which is $168 (51%) lower than St. Elmo.
