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These days, finding an affordable place to live in the Chicago Heights area can be challenging. Home prices in Chicago Heights are now at a median cost of $159,301, lower than the Illinois average of $300,242.
The average cost of rent is $1,264/mo in Chicago Heights, primarily driven by the current value of real estate in the Chicago Heights area. In Chicago Heights, 34.61% of households rent, and 51.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chicago Heights is $5,201 per month. Households that rent pay about 24.31% of their income on rent here. Chicago Heights’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Chicago Heights, IL: equally priced homes
- Olympia Fields, IL: higher priced homes
- Park Forest, IL: less expensive homes
- Flossmoor, IL: higher priced homes
- Glenwood, IL: higher priced homes
- Ford Heights, IL: less expensive homes
- Steger, IL: equally priced homes
- Homewood, IL: higher priced homes
- East Hazel Crest, IL: equally priced homes
- Sauk Village, IL: less expensive homes
Cities with Similar Populations
- Arlington, TN: higher priced homes
- Arroyo Grande, CA: higher priced homes
- Horn Lake, MS: equally priced homes
- Temescal Valley, CA: higher priced homes
- Kihei, HI: higher priced homes
- Temple Terrace, FL: higher priced homes
- Jonesborough, TN: higher priced homes
- Johnston, RI: higher priced homes
- Jenison, MI: higher priced homes
- Jeffersontown, KY: higher priced homes
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