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These days, finding an affordable place to live in the Archer Heights area can be challenging. Home prices in Archer Heights are now at a median cost of $284,405, lower than the Chicago average of $351,773.
The average cost of rent is $1,088/mo in Archer Heights, primarily driven by the current value of real estate in the Archer Heights area. In Archer Heights, 35.40% of households rent, and 47.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Archer Heights is $5,553 per month. Households that rent pay about 19.59% of their income on rent here. Archer Heights’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- West Elsdon, Chicago, IL: less expensive homes
- Archer Limits, Chicago, IL: less expensive homes
- Garfield Manor, Chicago, IL: less expensive homes
- Corwith, Chicago, IL: equally priced homes
- Brighton Park, Chicago, IL: less expensive homes
- Gage Park, Chicago, IL: less expensive homes
- West Lawn, Chicago, IL: less expensive homes
- Crawford, Chicago, IL: less expensive homes
- Garfield Ridge, Chicago, IL: higher priced homes
- Chicago Lawn, Chicago, IL: less expensive homes
Neighborhoods with Similar Populations
- Winter Gardens, Lakeside, CA: higher priced homes
- Savage-Guilford, Laurel, MD: higher priced homes
- Sandtown-Southeastern Atlanta, Atlanta, GA: higher priced homes
- Education Hill, Redmond, WA: higher priced homes
- Kahaluu, Kaneohe, HI: higher priced homes
- Southern Highlands, Enterprise, NV: higher priced homes
- Southeast, Eugene, OR: higher priced homes
- South Side, Mount Vernon, NY: higher priced homes
- South End, Nashua, NH: higher priced homes
- Crescenta Highlands, La Crescenta, CA: higher priced homes
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