Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Armour Square area can be challenging. Home prices in Armour Square are now at a median cost of $304,326, higher than the Chicago average of $290,679.
The average cost of rent is $730/mo in Armour Square, primarily driven by the current value of real estate in the Armour Square area. While nearly 69.21% of residents own their homes outright in Armour Square, 67.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Armour Square is $3,257 per month. Households that rent pay about 22.42% of their income on rent here. Armour Square's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Bridgeport, Chicago, IL: higher priced homes
- Douglas, Chicago, IL: less expensive homes
- Bronzeville, Chicago, IL: equally priced homes
- Near South Side, Chicago, IL: higher priced homes
- Locks, Chicago, IL: higher priced homes
- Pilsen, Chicago, IL: equally priced homes
- Printers Row, Chicago, IL: higher priced homes
- Lower West Side, Chicago, IL: equally priced homes
- Mount Pleasant, Chicago, IL: equally priced homes
- University Village, Chicago, IL: higher priced homes
Neighborhoods with Similar Populations
- Provincetowne, Charlotte, NC: higher priced homes
- Riverside Park, Buffalo, NY: less expensive homes
- Cascade, Anderson, CA: less expensive homes
- Savage-Guilford, Laurel, MD: higher priced homes
- North Beach, Atlantic Beach, FL: less expensive homes
- Rock Creek, Little Rock, AR: less expensive homes
- Town 'N Country Park, Town 'n' Country, FL: less expensive homes
- Rock Creek, Clackamas, OR: higher priced homes
- Eastwood, Syracuse, NY: less expensive homes
- Hyannis, Barnstable Town, MA: higher priced homes
All Local Stats
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