The Most Affordable Neighborhoods in Clarendon Hills, IL by Home Value

 

Clarendon Hills, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Clarendon Hills area can be challenging. Home prices in Clarendon Hills are now at a median cost of $624,513, higher than the Illinois average of $300,242.

The average cost of rent is $1,129/mo in Clarendon Hills, primarily driven by the current value of real estate in the Clarendon Hills area. In Clarendon Hills, 23.55% of households rent, and 28.00% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Clarendon Hills is $12,224 per month. Households that rent pay about 9.24% of their income on rent here. Clarendon Hills’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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