Home prices
The median home price in Rensselaer is $115,700. Compared to other places in this area it is about $33,680 (41%) higher.It is roughly $101,800 (46%) lower compared to the rest of the nation, and it is roughly $142,300 (55%) lower compared to the city of Chicago.
Rents
Rensselaer's median rent is $733 a month. In comparison to nearby areas this is approximately $56 (8%) higher.Compared to the nation as a whole it is about $329 (30%) lower, and is roughly $379 (34%) lower compared to the city of Chicago.
Nearby places
Mount Ayr
Mount Ayr is roughly 5 miles west of Rensselaer. The real estate prices there are substantially less expensive. The median home in Mount Ayr is valued at $75,800, which is $39,900 (52%) lower than Rensselaer. Rent there is significantly less expensive. In Mount Ayr the median monthly rent is $438, which comes out to $295 (67%) lower than Rensselaer.
Brook
Brook is approximately 10 miles southwest from Rensselaer. The housing prices there are a lot less expensive. The median home in Brook is valued at $75,800, which comes out to $39,900 (52%) lower than Rensselaer. Rent there is similar. Brook's median monthly rent is $738, which is very similar to Rensselaer.
Remington
Remington is about 11 miles south from Rensselaer. Its real estate prices are a bit less expensive. The value of the median home in Remington is $94,100, which comes out to $21,600 (22%) lower than Rensselaer. Its rents are similar. The median monthly rent in Remington is $721, which works out to $12 (1%) lower than Rensselaer.
Morocco
Morocco is about 12 miles west from Rensselaer. Its real estate prices are a little less expensive. Morocco's median home cost is $90,700, which comes out to $25,000 (27%) lower than Rensselaer. Rents there are somewhat more expensive. The median monthly rent in Morocco is $868, which is $135 (15%) higher than Rensselaer.
Goodland
Goodland is about 12 miles southwest from Rensselaer. Its housing prices are substantially less expensive. The median home in Goodland is valued at $73,700, which is $42,000 (56%) lower than Rensselaer. The rent there is a little less expensive. The median monthly rent in Goodland is $619, which works out to $114 (18%) lower than Rensselaer.
