Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown area can be challenging. Home prices in Downtown are now at a median cost of $443,182, lower than the Evanston average of $445,862.
The average cost of rent is $1,624/mo in Downtown, primarily driven by the current value of real estate in the Downtown area. While nearly 49.19% of residents own their homes outright in Downtown, 54.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown is $6,579 per month. Households that rent pay about 24.68% of their income on rent here. Downtown's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- South Evanston, Evanston, IL: equally priced homes
- Central Street Merchant District, Evanston, IL: higher priced homes
- Gross Point, Wilmette, IL: higher priced homes
- Rogers Park, Chicago, IL: less expensive homes
- West Ridge, Chicago, IL: less expensive homes
- Granville Gardens, Chicago, IL: less expensive homes
- Edgewater, Chicago, IL: less expensive homes
- Andersonville, Chicago, IL: equally priced homes
- North Park, Chicago, IL: less expensive homes
- Lincoln Square, Chicago, IL: less expensive homes
Neighborhoods with Similar Populations
- Whitestone, Queens, NY: higher priced homes
- Westlake-San Francisco, Daly City, CA: higher priced homes
- West Loch, Waipahu, HI: higher priced homes
- West Grand, Grand Rapids, MI: less expensive homes
- Bagley, Detroit, MI: less expensive homes
- Ballantyne West, Charlotte, NC: less expensive homes
- Belair-Edison, Baltimore, MD: less expensive homes
- Bernal Heights, San Francisco, CA: higher priced homes
- Blueberry Hill-Brigadoon-Stoneybrook, Lexington, KY: less expensive homes
- Cedar Hills-Cedar Mill, Portland, OR: higher priced homes
All Local Stats
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