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Affordable
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These days, finding an affordable place to live in the Burr Ridge area can be challenging. Home prices in Burr Ridge are now at a median cost of $694,301, higher than the Illinois average of $300,242.
The average cost of rent is $1,726/mo in Burr Ridge, primarily driven by the current value of real estate in the Burr Ridge area. In Burr Ridge, 5.53% of households rent, and 53.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Burr Ridge is $12,247 per month. Households that rent pay about 14.09% of their income on rent here. Burr Ridge’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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