The Most Affordable Neighborhoods in Forest Glen, Chicago, IL by Home Value

 

Forest Glen, Chicago, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Forest Glen area can be challenging. Home prices in Forest Glen are now at a median cost of $468,652, higher than the Chicago average of $290,679.

The average cost of rent is $1,654/mo in Forest Glen, primarily driven by the current value of real estate in the Forest Glen area. While nearly 41.69% of residents own their homes outright in Forest Glen, 11.22% rent.

Housing affordability isn’t just about home prices, though. The average household income in Forest Glen is $11,021 per month. Households that rent pay about 15.01% of their income on rent here. Forest Glen's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the neighborhood.


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