Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chicago Ridge area can be challenging. Home prices in Chicago Ridge are now at a median cost of $165,097, lower than the Illinois average of $242,002.
The average cost of rent is $1,099/mo in Chicago Ridge, primarily driven by the current value of real estate in the Chicago Ridge area. While nearly 48.88% of residents own their homes outright in Chicago Ridge, 42.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chicago Ridge is $4,700 per month. Households that rent pay about 23.39% of their income on rent here. Chicago Ridge's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Worth, IL: equally priced homes
- Oak Lawn, IL: higher priced homes
- Palos Hills, IL: higher priced homes
- Palos Heights, IL: higher priced homes
- Bridgeview, IL: less expensive homes
- Burbank, IL: higher priced homes
- Hickory Hills, IL: higher priced homes
- Hometown, IL: less expensive homes
- Alsip, IL: equally priced homes
- Evergreen Park, IL: higher priced homes
Cities with Similar Populations
- Grand Terrace, CA: higher priced homes
- Guymon, OK: less expensive homes
- Grove, OK: equally priced homes
- Greenwood, AR: equally priced homes
- Sweet Home, OR: higher priced homes
- Greencastle, IN: less expensive homes
- Greenbrier, AR: equally priced homes
- Greece, NY: less expensive homes
- Great Lakes, IL: higher priced homes
- Gwynn Oak, MD: higher priced homes
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