Affordable
Expensive
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These days, finding an affordable place to live in the Algonquin area can be challenging. Home prices in Algonquin are now at a median cost of $117,263, lower than the Louisville average of $270,137.
The average cost of rent is $828/mo in Algonquin, primarily driven by the current value of real estate in the Algonquin area. In Algonquin, 62.47% of households rent, and 45.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Algonquin is $2,757 per month. Households that rent pay about 30.02% of their income on rent here. Algonquin’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Park Hill, Louisville, KY: less expensive homes
- Taylor Berry, Louisville, KY: less expensive homes
- South Louisville, Louisville, KY: less expensive homes
- California, Louisville, KY: less expensive homes
- Old Louisville, Louisville, KY: higher priced homes
- Park Duvalle, Louisville, KY: less expensive homes
- Parkland, Louisville, KY: less expensive homes
- Saint Joseph, Louisville, KY: higher priced homes
- Wyandotte, Louisville, KY: equally priced homes
- Russell, Louisville, KY: higher priced homes
Neighborhoods with Similar Populations
- Charlotte, Rochester, NY: higher priced homes
- Foothills, Fortuna Foothills, AZ: higher priced homes
- Cedar Hills, Cedar Rapids, IA: higher priced homes
- North Indian Trail, Spokane, WA: higher priced homes
- South Park, Beaumont, TX: less expensive homes
- Cane Ridge, Antioch, TN: higher priced homes
- Elvira, Summit, AZ: higher priced homes
- Loyal Heights, Seattle, WA: higher priced homes
- The Paseos, Las Vegas, NV: higher priced homes
- Murray Hill, Jacksonville, FL: higher priced homes
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