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

 

Ford Heights, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ford Heights area can be challenging. Home prices in Ford Heights are now at a median cost of $58,258, lower than the Illinois average of $242,002.

The average cost of rent is $1,004/mo in Ford Heights, primarily driven by the current value of real estate in the Ford Heights area. While nearly 71.10% of residents own their homes outright in Ford Heights, 50.23% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ford Heights is $3,735 per month. Households that rent pay about 26.90% of their income on rent here. Ford Heights's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.


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