Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Berkeley area can be challenging. Home prices in Berkeley are now at a median cost of $183,269, lower than the Illinois average of $242,002.
The average cost of rent is $1,080/mo in Berkeley, primarily driven by the current value of real estate in the Berkeley area. While nearly 41.23% of residents own their homes outright in Berkeley, 13.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Berkeley is $5,120 per month. Households that rent pay about 21.09% of their income on rent here. Berkeley's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Hillside, IL: higher priced homes
- Elmhurst, IL: higher priced homes
- Bellwood, IL: equally priced homes
- Stone Park, IL: equally priced homes
- Northlake, IL: equally priced homes
- Melrose Park, IL: higher priced homes
- Westchester, IL: higher priced homes
- Maywood, IL: equally priced homes
- Broadview, IL: higher priced homes
- Villa Park, IL: higher priced homes
Cities with Similar Populations
- Moosic, PA: higher priced homes
- New Egypt, NJ: higher priced homes
- Beaver Dam, KY: less expensive homes
- Montague, MI: equally priced homes
- New Carlisle, IN: less expensive homes
- New Boston, NH: higher priced homes
- Wayzata, MN: higher priced homes
- East Merrimack, NH: higher priced homes
- East Petersburg, PA: higher priced homes
- Norwood, NC: equally priced homes
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