Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chatham area can be challenging. Home prices in Chatham are now at a median cost of $184,475, lower than the Chicago average of $290,679.
The average cost of rent is $973/mo in Chatham, primarily driven by the current value of real estate in the Chatham area. While nearly 44.26% of residents own their homes outright in Chatham, 49.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chatham is $4,195 per month. Households that rent pay about 23.19% of their income on rent here. Chatham's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Avalon Highlands, Chicago, IL: equally priced homes
- Italian Bowery, Chicago, IL: less expensive homes
- Avalon Park, Chicago, IL: equally priced homes
- Auburn Park, Chicago, IL: less expensive homes
- Grand Crossing, Chicago, IL: less expensive homes
- Chester Highlands, Chicago, IL: less expensive homes
- Essex, Chicago, IL: equally priced homes
- Calumet Heights, Chicago, IL: equally priced homes
- Auburn Gresham, Chicago, IL: less expensive homes
- Brainerd, Chicago, IL: less expensive homes
Neighborhoods with Similar Populations
- Far Southwest, Portland, OR: higher priced homes
- Westlake-San Francisco, Daly City, CA: higher priced homes
- Cully, Portland, OR: higher priced homes
- Tule Springs, Las Vegas, NV: higher priced homes
- North Central Westminster, Westminster, CO: higher priced homes
- Eads-Fisherville, Cordova, TN: higher priced homes
- Midway, Gulf Breeze, FL: higher priced homes
- East Garfield Park, Chicago, IL: higher priced homes
- Metzger, Tigard, OR: higher priced homes
- Upper State, Santa Barbara, CA: higher priced homes
All Local Stats
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