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

 

Cottage Hills, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cottage Hills area can be challenging. Home prices in Cottage Hills are now at a median cost of $74,105, lower than the Illinois average of $300,242.

The average cost of rent is $964/mo in Cottage Hills, primarily driven by the current value of real estate in the Cottage Hills area. In Cottage Hills, 30.74% of households rent, and 53.00% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cottage Hills is $4,598 per month. Households that rent pay about 20.97% of their income on rent here. Cottage Hills’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern 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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