Affordable
Expensive
Expensive
Colorblind friendly
off
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 $217,876, lower than the Chicago average of $351,773.
The average cost of rent is $1,170/mo in Central Park, primarily driven by the current value of real estate in the Central Park area. In Central Park, 74.57% of households rent, and 23.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Central Park is $3,219 per month. Households that rent pay about 36.35% of their income on rent here. Central Park’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Whiskey Point, Chicago, IL: higher priced homes
- West Garfield Park, Chicago, IL: equally priced homes
- Moreland, Chicago, IL: equally priced homes
- Mandell, Chicago, IL: equally 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: equally priced homes
- Lincoln Park, Denver, CO: higher priced homes
- Lyndale, Minneapolis, MN: higher priced homes
- Millbrook, Grand Rapids, MI: higher 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
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood