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These days, finding an affordable place to live in the Chicago Lawn area can be challenging. Home prices in Chicago Lawn are now at a median cost of $234,816, lower than the Chicago average of $351,773.
The average cost of rent is $1,242/mo in Chicago Lawn, primarily driven by the current value of real estate in the Chicago Lawn area. In Chicago Lawn, 46.63% of households rent, and 37.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chicago Lawn is $4,797 per month. Households that rent pay about 25.89% of their income on rent here. Chicago Lawn’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Garfield Manor, Chicago, IL: equally priced homes
- Gage Park, Chicago, IL: equally priced homes
- West Lawn, Chicago, IL: equally priced homes
- West Englewood, Chicago, IL: less expensive homes
- West Elsdon, Chicago, IL: equally priced homes
- Ashburn, Chicago, IL: equally priced homes
- Clarkdale, Chicago, IL: equally priced homes
- South Englewood, Chicago, IL: equally priced homes
- New City, Chicago, IL: less expensive homes
- Back of the Yards, Chicago, IL: equally priced homes
Neighborhoods with Similar Populations
- Anaheim Hills, Anaheim, CA: higher priced homes
- Beverly Glen, Studio City, CA: higher priced homes
- Westwood, Los Angeles, CA: higher priced homes
- Central East Denver, Denver, CO: higher priced homes
- Westchester, Los Angeles, CA: higher priced homes
- Downtown Jersey City, Jersey City, NJ: higher priced homes
- Sheepshead Bay, Brooklyn, NY: higher priced homes
- West Columbus Interim, Hilliard, OH: higher priced homes
- Rogers Park, Chicago, IL: higher priced homes
- Ozone Park, Queens, NY: higher priced homes
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