Several Illinois cities rank among nation’s most affordable

Published September 14, 2020 8:00pm ET



A new study found six Illinois cities rank among the top 50 most affordable housing markets in the country, largely as a result of depressed home prices.

The website RefiGuide compared income and the cost of a house to determine how far the median household income could go toward the purchase price of a home in that city. Peoria ranked sixth in the country, Decatur ranked eighth, Joliet ranked 13th, Rockford ranked 21st, Springfield ranked 29th and Bloomington ranked 34th.

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