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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 $120,401, lower than the Illinois average of $300,242.
The average cost of rent is $1,061/mo in Ford Heights, primarily driven by the current value of real estate in the Ford Heights area. In Ford Heights, 41.83% of households rent, and 55.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ford Heights is $4,538 per month. Households that rent pay about 23.38% of their income on rent here. Ford Heights’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sauk Village, IL: equally priced homes
- Lynwood, IL: higher priced homes
- Glenwood, IL: higher priced homes
- Chicago Heights, IL: higher priced homes
- South Chicago Heights, IL: higher priced homes
- Steger, IL: higher priced homes
- Dyer, IN: higher priced homes
- Thornton, IL: higher priced homes
- Lansing, IL: higher priced homes
- Crete, IL: higher priced homes
Cities with Similar Populations
- Williamstown, NY: equally priced homes
- Blanchard, ID: higher priced homes
- Cridersville, OH: higher priced homes
- Mazon, IL: higher priced homes
- Silverado, CA: higher priced homes
- Sardis City, AL: higher priced homes
- Salisbury, PA: higher priced homes
- Rib Lake, WI: higher priced homes
- Randolph, ME: higher priced homes
- Plentywood, MT: higher priced homes
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