Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downers Grove area can be challenging. Home prices in Downers Grove are now at a median cost of $378,681, higher than the Illinois average of $242,002.
The average cost of rent is $1,571/mo in Downers Grove, primarily driven by the current value of real estate in the Downers Grove area. While nearly 38.10% of residents own their homes outright in Downers Grove, 21.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downers Grove is $9,342 per month. Households that rent pay about 16.81% of their income on rent here. Downers Grove's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Westmont, IL: equally priced homes
- Clarendon Hills, IL: higher priced homes
- Woodridge, IL: less expensive homes
- Darien, IL: less expensive homes
- Willowbrook, IL: equally priced homes
- Lisle, IL: less expensive homes
- Hinsdale, IL: higher priced homes
- Oak Brook, IL: higher priced homes
- Oakbrook Terrace, IL: less expensive homes
- Burr Ridge, IL: higher priced homes
Cities with Similar Populations
- West Chester, OH: less expensive homes
- Brookline, MA: higher priced homes
- Canovanas, PR: less expensive homes
- Galveston, TX: less expensive homes
- Collierville, TN: equally priced homes
- Crown Point, IN: less expensive homes
- Delaware, OH: less expensive homes
- Montgomery, TX: less expensive homes
- Plainfield, NJ: less expensive homes
- Peabody, MA: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood