The Most Affordable Neighborhoods in Edmund F Burton, Oak Park, IL by Home Value

 

Edmund F Burton, Oak Park, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Edmund F Burton area can be challenging. Home prices in Edmund F Burton are now at a median cost of $393,156, lower than the Oak Park average of $446,519.

The average cost of rent is $1,651/mo in Edmund F Burton, primarily driven by the current value of real estate in the Edmund F Burton area. In Edmund F Burton, 44.16% of households rent, and 33.32% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Edmund F Burton is $9,764 per month. Households that rent pay about 16.91% of their income on rent here. Edmund F Burton’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the neighborhood.

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


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