Cost of Living in Edwards County, Illinois

$746/mo
Median Monthly Rent
$97,500
Median Home Value
11% below state averageUnaffordable

At a Glance

Median Monthly Rent
$746/mo
11% below state average
Median Home Value
$97,500
65% below national
Rent-to-Income Ratio
24.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Edwards County Compares

Median monthly rent comparison

Edwards County$746/mo
Illinois Average$837/mo
National Median$1,163/mo

Detailed Housing Stats

$746/mo
Median Gross Rent
$97,500
Median Home Value
$670/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Edwards County, Illinois

Edwards renters navigate modest affordability challenges

Edwards County's 15.1% rent-to-income ratio reflects some housing cost pressure relative to national benchmarks, with renters spending $746 monthly from a $59,386 median household income—20% below the U.S. median. The combination of lower income and elevated cost burden creates modest but real financial stress.

Edwards slightly exceeds state affordability

Edwards's 15.1% rent-to-income ratio modestly exceeds Illinois's 14.7% state average, and the $746 median rent sits slightly below the state mean of $837. The county occupies an affordability middle ground within Illinois's housing landscape.

Lowest absolute rent in the region

Edwards's $746 rent represents the region's cheapest option, just below Crawford ($761), Cumberland ($756), and Edgar County ($757). The minimal savings versus peers reflect Edwards's status as the lowest-income county in this group, limiting residents' financial flexibility despite modest costs.

Both housing types demand budget discipline

Edwards renters spend $746 monthly on housing (15.1% of income), while homeowners pay $670 on properties valued at $97,500—making ownership slightly more favorable financially. Despite modest absolute costs, both options consume substantial portions of the $59,386 median income.

Edwards suits those prioritizing lowest costs

Edwards County offers the region's cheapest absolute housing prices, making it attractive to budget-conscious relocators accepting modest incomes. Compare carefully to slightly higher-income alternatives like Cumberland or Crawford to determine if Edwards's cost advantage justifies potential economic trade-offs.

Affordability Calculator

See how your income compares to housing costs in Edwards County

$

Rent Burden

15.1%

of gross income

Max Housing (28% Rule)

$1,386

per month

Owner Cost Burden

13.5%

of gross income

You can likely afford the median home in Edwards County

Median home value is $97,500. Estimated monthly cost: $778 vs. your max of $1,386.

Rent Affordability Guide

Your rent-to-income ratio15.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Edwards County, Illinois?
Edwards County, Illinois has a median monthly rent of $746/mo and a median home value of $97,500. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Edwards County?
The median gross rent in Edwards County is $746/mo. This is 11% below state average for Illinois.
Is Edwards County affordable?
Edwards County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Edwards County's rent compare to the state average?
Edwards County's median rent of $746/mo is 11% below state average of $837/mo for Illinois.
What is the median home value in Edwards County?
The median home value in Edwards County, Illinois is $97,500. This is 65% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Edwards County, Illinois? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Edwards County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.