The Most Affordable Neighborhoods in Carol Stream, IL by Home Value

 

Carol Stream, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Carol Stream area can be challenging. Home prices in Carol Stream are now at a median cost of $263,231, higher than the Illinois average of $242,002.

The average cost of rent is $1,548/mo in Carol Stream, primarily driven by the current value of real estate in the Carol Stream area. While nearly 30.16% of residents own their homes outright in Carol Stream, 28.03% rent.

Housing affordability isn’t just about home prices, though. The average household income in Carol Stream is $8,170 per month. Households that rent pay about 18.95% of their income on rent here. Carol Stream's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.


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