Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Avalon Park area can be challenging. Home prices in Avalon Park are now at a median cost of $226,163, lower than the Chicago average of $351,773.
The average cost of rent is $1,068/mo in Avalon Park, primarily driven by the current value of real estate in the Avalon Park area. In Avalon Park, 33.66% of households rent, and 47.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Avalon Park is $5,881 per month. Households that rent pay about 18.16% of their income on rent here. Avalon Park’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Italian Bowery, Chicago, IL: less expensive homes
- Avalon Highlands, Chicago, IL: less expensive homes
- Calumet Heights, Chicago, IL: equally priced homes
- Essex, Chicago, IL: equally priced homes
- Pill Hill, Chicago, IL: equally priced homes
- Chatham, Chicago, IL: less expensive homes
- South Chicago, Chicago, IL: less expensive homes
- Cheltenham, Chicago, IL: less expensive homes
- South Shore, Chicago, IL: equally priced homes
- Windsor Park, Chicago, IL: less expensive homes
Neighborhoods with Similar Populations
- Sun City, Georgetown, TX: higher priced homes
- Downtown Pensacola, Pensacola, FL: higher priced homes
- Mokapu, Kaneohe Station, HI: higher priced homes
- Vistancia, Peoria, AZ: higher priced homes
- Portland, Louisville, KY: less expensive homes
- Thomasville, Atlanta, GA: higher priced homes
- Ballantyne East, Charlotte, NC: higher priced homes
- Parker Lane, Austin, TX: higher priced homes
- Naples-Marina Area, Long Beach, CA: higher priced homes
- Presidio Heights, San Francisco, CA: higher priced homes
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