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These days, finding an affordable place to live in the Bloomingdale area can be challenging. Home prices in Bloomingdale are now at a median cost of $382,097, higher than the Illinois average of $300,242.
The average cost of rent is $1,546/mo in Bloomingdale, primarily driven by the current value of real estate in the Bloomingdale area. In Bloomingdale, 23.47% of households rent, and 38.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bloomingdale is $8,832 per month. Households that rent pay about 17.50% of their income on rent here. Bloomingdale’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Medinah, IL: higher priced homes
- Roselle, IL: equally priced homes
- Glendale Heights, IL: less expensive homes
- Carol Stream, IL: less expensive homes
- Itasca, IL: higher priced homes
- Hanover Park, IL: less expensive homes
- Addison, IL: less expensive homes
- Schaumburg, IL: less expensive homes
- Wood Dale, IL: less expensive homes
- Elk Grove Village, IL: less expensive homes
Cities with Similar Populations
- Pleasant Prairie, WI: equally priced homes
- Hockley, TX: equally priced homes
- Horizon City, TX: less expensive homes
- Imperial, CA: equally priced homes
- Jasmine Estates, FL: less expensive homes
- Lake Placid, FL: less expensive homes
- Lake Zurich, IL: higher priced homes
- Palmetto Bay, FL: higher priced homes
- Pelham, AL: less expensive homes
- Penfield, NY: less expensive homes
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