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Affordable
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These days, finding an affordable place to live in the Berwyn area can be challenging. Home prices in Berwyn are now at a median cost of $308,147, higher than the Illinois average of $300,242.
The average cost of rent is $1,316/mo in Berwyn, primarily driven by the current value of real estate in the Berwyn area. In Berwyn, 38.91% of households rent, and 31.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Berwyn is $7,326 per month. Households that rent pay about 17.97% of their income on rent here. Berwyn’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cicero, IL: less expensive homes
- Riverside, IL: higher priced homes
- Stickney, IL: less expensive homes
- North Riverside, IL: equally priced homes
- Forest Park, IL: equally priced homes
- Forest View, IL: less expensive homes
- Hines, IL: less expensive homes
- Oak Park, IL: higher priced homes
- Lyons, IL: less expensive homes
- Broadview, IL: less expensive homes
Cities with Similar Populations
- Bonita Springs, FL: higher priced homes
- Plymouth, MA: higher priced homes
- Carrollton, GA: less expensive homes
- Columbia, TN: equally priced homes
- Danville, VA: less expensive homes
- Westminster, MD: higher priced homes
- Apple Valley, MN: higher priced homes
- Mishawaka, IN: less expensive homes
- Roswell, NM: less expensive homes
- New Brunswick, NJ: higher priced homes
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