The Most Affordable Neighborhoods in Fox River Grove, IL by Home Value

 

Fox River Grove, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Fox River Grove area can be challenging. Home prices in Fox River Grove are now at a median cost of $359,972, higher than the Illinois average of $300,242.

The average cost of rent is $2,163/mo in Fox River Grove, primarily driven by the current value of real estate in the Fox River Grove area. In Fox River Grove, 11.77% of households rent, and 30.77% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Fox River Grove is $10,400 per month. Households that rent pay about 20.80% of their income on rent here. Fox River Grove’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.

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


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