Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Burnham area can be challenging. Home prices in Burnham are now at a median cost of $114,239, lower than the Illinois average of $242,002.
The average cost of rent is $991/mo in Burnham, primarily driven by the current value of real estate in the Burnham area. While nearly 39.37% of residents own their homes outright in Burnham, 40.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Burnham is $4,731 per month. Households that rent pay about 20.95% of their income on rent here. Burnham's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Calumet City, IL: equally priced homes
- Dolton, IL: equally priced homes
- South Holland, IL: higher priced homes
- Riverdale, IL: less expensive homes
- Whiting, IN: higher priced homes
- Hammond, IN: equally priced homes
- Phoenix, IL: less expensive homes
- East Chicago, IN: less expensive homes
- Lansing, IL: higher priced homes
- Thornton, IL: equally priced homes
Cities with Similar Populations
- Woodlyn, PA: higher priced homes
- Wilsons Mills, NC: higher priced homes
- Waynesboro, TN: higher priced homes
- Wakulla, FL: higher priced homes
- Winamac, IN: equally priced homes
- Waukon, IA: higher priced homes
- Windsor, VA: higher priced homes
- Waterloo, WI: higher priced homes
- Woodruff, WI: higher priced homes
- Zwolle, LA: equally priced homes
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