Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Calumet Park area can be challenging. Home prices in Calumet Park are now at a median cost of $114,665, lower than the Illinois average of $242,002.
The average cost of rent is $1,094/mo in Calumet Park, primarily driven by the current value of real estate in the Calumet Park area. While nearly 39.01% of residents own their homes outright in Calumet Park, 39.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in Calumet Park is $5,239 per month. Households that rent pay about 20.87% of their income on rent here. Calumet Park's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Blue Island, IL: higher priced homes
- Riverdale, IL: less expensive homes
- Dixmoor, IL: less expensive homes
- Merrionette Park, IL: less expensive homes
- Posen, IL: higher priced homes
- Robbins, IL: equally priced homes
- Harvey, IL: less expensive homes
- Alsip, IL: higher priced homes
- Phoenix, IL: less expensive homes
- Dolton, IL: equally priced homes
Cities with Similar Populations
- Springs, NY: higher priced homes
- West Concord, MA: higher priced homes
- West Bridgewater, MA: higher priced homes
- Water Valley, MS: less expensive homes
- Wartburg, TN: less expensive homes
- Waikoloa, HI: higher priced homes
- Brookville, PA: equally priced homes
- Stoneville, NC: equally priced homes
- Chester, IL: higher priced homes
- St. Helena Island, SC: higher priced homes
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