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These days, finding an affordable place to live in the Chesterfield area can be challenging. Home prices in Chesterfield are now at a median cost of $166,831, lower than the Illinois average of $300,242.
The average cost of rent is $667/mo in Chesterfield, primarily driven by the current value of real estate in the Chesterfield area. In Chesterfield, 2.84% of households rent, and 65.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chesterfield is $7,768 per month. Households that rent pay about 8.59% of their income on rent here. Chesterfield’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hagaman, IL: equally priced homes
- Summerville, IL: less expensive homes
- Enos, IL: higher priced homes
- Plainview, IL: higher priced homes
- Comer, IL: higher priced homes
- Medora, IL: equally priced homes
- Hettick, IL: equally priced homes
- Rockbridge, IL: less expensive homes
- Shipman, IL: equally priced homes
- Greenfield, IL: less expensive homes
Cities with Similar Populations
- Goodell, IA: less expensive homes
- Greenfield, OK: equally priced homes
- Green Point, PA: higher priced homes
- Graysville, IN: higher priced homes
- Grassy Butte, ND: higher priced homes
- Graceville, PA: higher priced homes
- Gowen, OK: less expensive homes
- Gorin, MO: less expensive homes
- Timberlinks, TN: higher priced homes
- Goodrich, ME: equally priced homes
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