Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Central Park area can be challenging. Home prices in Central Park are now at a median cost of $164,103, lower than the Chicago average of $290,679.
The average cost of rent is $977/mo in Central Park, primarily driven by the current value of real estate in the Central Park area. While nearly 33.59% of residents own their homes outright in Central Park, 80.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Central Park is $2,489 per month. Households that rent pay about 39.27% of their income on rent here. Central Park's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- Whiskey Point, Chicago, IL: higher priced homes
- West Garfield Park, Chicago, IL: higher priced homes
- Moreland, Chicago, IL: higher priced homes
- Mandell, Chicago, IL: higher priced homes
- East Garfield Park, Chicago, IL: higher priced homes
- Humboldt Park, Chicago, IL: higher priced homes
- North Lawndale, Chicago, IL: higher priced homes
- Austin, Chicago, IL: higher priced homes
- Beat 2535, Chicago, IL: higher priced homes
- Claremont Cottages, Chicago, IL: higher priced homes
Neighborhoods with Similar Populations
- Bakersfield Country Club, Bakersfield, CA: higher priced homes
- Abbott McKinley, Buffalo, NY: less expensive homes
- Lincoln Park, Denver, CO: higher priced homes
- Lyndale, Minneapolis, MN: higher priced homes
- Millbrook, Grand Rapids, MI: equally priced homes
- Monte Flores, San Juan, PR: less expensive homes
- Newport, Bellevue, WA: higher priced homes
- North Central, San Antonio, TX: higher priced homes
- North Quinsigamond Village, Worcester, MA: higher priced homes
- Royal Highlands, Brooksville, FL: higher priced homes
All Local Stats
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