Much like its surrounding areas, it's substantially less expensive compared to the nation as a whole. Compared to the city of Chicago, it's substantially less expensive.
Home prices
The median home in Reynolds costs $88,700. It is is very similar compared to other places in this area.In comparison to the nation as a whole it is roughly $128,800 (59%) lower, and in comparison to the city of Chicago it is roughly $169,300 (65%) lower.
Rents
Reynolds's median monthly rent is $714. Compared to nearby areas it is about $7 (1%) higher.In comparison to the nation as a whole it is roughly $348 (32%) lower, and in comparison to the city of Chicago is approximately $398 (35%) lower.
Nearby places
Monticello
Monticello is approximately 4 miles east of Reynolds. The real estate prices there are a bit more expensive. Monticello's median home price is $95,900, which is $7,200 (7%) higher than Reynolds. Rent there is a little less expensive. The median rent in Monticello is $671 a month, which is $43 (6%) lower than Reynolds.
Chalmers
Chalmers is roughly 5 miles south of Reynolds. Its housing prices are pretty similar. The median home in Chalmers costs $89,800, which is $1,100 (1%) higher than Reynolds. Its rents are pretty similar. Chalmers's median rent is $750 a month, which comes out to $36 (4%) higher than Reynolds.
Wolcott
Wolcott is approximately 7 miles west from Reynolds. Real estate prices there are a little more expensive. The median home in Wolcott is valued at $93,500, which works out to $4,800 (5%) higher than Reynolds. Its rents are pretty similar. In Wolcott the median rent is $699 per month, which works out to $15 (2%) lower than Reynolds.
Monon
Monon is approximately 7 miles north of Reynolds. Its housing prices are a bit less expensive. The cost of the median home in Monon is $75,800, which is $12,900 (17%) lower than Reynolds. Rents there are pretty similar. Monon's median rent is $696 per month, which comes out to $18 (2%) lower than Reynolds.
Yeoman
Yeoman is roughly 8 miles southeast from Reynolds. The real estate prices there are pretty similar. The median home in Yeoman costs $87,500, which comes out to $1,200 (1%) lower than Reynolds. Its rents are fairly similar. Yeoman's median rent is $717 a month, which is very similar to Reynolds.