The Most Affordable Neighborhoods in Fairview Heights, IL by Home Value

 

Fairview Heights, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Fairview Heights area can be challenging. Home prices in Fairview Heights are now at a median cost of $149,243, lower than the Illinois average of $242,002.

The average cost of rent is $1,046/mo in Fairview Heights, primarily driven by the current value of real estate in the Fairview Heights area. While nearly 34.63% of residents own their homes outright in Fairview Heights, 30.77% rent.

Housing affordability isn’t just about home prices, though. The average household income in Fairview Heights is $5,920 per month. Households that rent pay about 17.68% of their income on rent here. Fairview Heights's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.


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