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 $221,146, lower than the Illinois average of $242,002.
The average cost of rent is $1,092/mo in Chatham, primarily driven by the current value of real estate in the Chatham area. While nearly 25.32% of residents own their homes outright in Chatham, 23.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chatham is $8,556 per month. Households that rent pay about 12.76% of their income on rent here. Chatham's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Glenarm, IL: higher priced homes
- Curran, IL: less expensive homes
- Southern View, IL: less expensive homes
- Jerome, IL: less expensive homes
- Leland Grove, IL: equally priced homes
- Auburn, IL: less expensive homes
- Springfield, IL: less expensive homes
- Divernon, IL: less expensive homes
- Loami, IL: less expensive homes
- Pawnee, IL: less expensive homes
Cities with Similar Populations
- Dunkirk, NY: less expensive homes
- Decatur, IN: less expensive homes
- DeForest, WI: higher priced homes
- Rye, NY: higher priced homes
- Rutherfordton, NC: less expensive homes
- Roma, TX: less expensive homes
- Dexter, MI: higher priced homes
- Discovery Bay, CA: higher priced homes
- Douglassville, PA: higher priced homes
- Wapakoneta, OH: less expensive homes
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