Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Albany Park area can be challenging. Home prices in Albany Park are now at a median cost of $314,316, higher than the Chicago average of $290,679.
The average cost of rent is $1,226/mo in Albany Park, primarily driven by the current value of real estate in the Albany Park area. While nearly 28.26% of residents own their homes outright in Albany Park, 59.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in Albany Park is $6,013 per month. Households that rent pay about 20.39% of their income on rent here. Albany Park's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- North Mayfair, Chicago, IL: equally priced homes
- Ravenswood Manor, Chicago, IL: higher priced homes
- Irving Park, Chicago, IL: higher priced homes
- North Park, Chicago, IL: equally priced homes
- Ravenswood Gardens, Chicago, IL: higher priced homes
- Bowmanville, Chicago, IL: higher priced homes
- Lincoln Square, Chicago, IL: higher priced homes
- Montrose, Chicago, IL: higher priced homes
- Sauganash, Chicago, IL: higher priced homes
- Grayland, Chicago, IL: equally priced homes
Neighborhoods with Similar Populations
- North Laurel, Scaggsville, MD: higher priced homes
- Little Lake City, Santa Fe Springs, CA: higher priced homes
- Anthem, Henderson, NV: higher priced homes
- Elmwood, Philadelphia, PA: less expensive homes
- Hyde Park, Chicago, IL: equally priced homes
- Oakwood, Staten Island, NY: higher priced homes
- North Central, Virginia Beach, VA: higher priced homes
- Wynnefield, Philadelphia, PA: less expensive homes
- Westgate, Henderson, NV: higher priced homes
- Suitland-Silver Hill, Suitland, MD: less expensive homes
All Local Stats
Home Services
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