
Home Price Key
These days, finding an affordable place to live in the Calumet City area can be challenging. Home prices in Calumet City are now at a median cost of $106,012, lower than the Illinois average of $242,002.
The average cost of rent is $1,072/mo in Calumet City, primarily driven by the current value of real estate in the Calumet City area. While nearly 39.61% of residents own their homes outright in Calumet City, 38.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Calumet City is $4,796 per month. Households that rent pay about 22.35% of their income on rent here. Calumet City's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Burnham, IL: equally priced homes
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- Phoenix, IL: less expensive homes
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- Munster, IN: higher priced homes
Cities with Similar Populations
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- Pleasant Hill, CA: higher priced homes
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