Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Frankfort Square area can be challenging. Home prices in Frankfort Square are now at a median cost of $240,932, lower than the Illinois average of $242,002.
The average cost of rent is $1,531/mo in Frankfort Square, primarily driven by the current value of real estate in the Frankfort Square area. While nearly 25.00% of residents own their homes outright in Frankfort Square, 8.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Frankfort Square is $9,234 per month. Households that rent pay about 16.58% of their income on rent here. Frankfort Square's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Lincoln Estates, IL: equally priced homes
- Matteson, IL: less expensive homes
- Frankfort, IL: higher priced homes
- Tinley Park, IL: equally priced homes
- Mokena, IL: higher priced homes
- Richton Park, IL: less expensive homes
- Orland Hills, IL: equally priced homes
- Country Club Hills, IL: less expensive homes
- Olympia Fields, IL: equally priced homes
- Flossmoor, IL: higher priced homes
Cities with Similar Populations
- Laurel Hill, VA: higher priced homes
- Lamar, CO: less expensive homes
- Whippany, NJ: higher priced homes
- Westwego, LA: less expensive homes
- Westville, NJ: less expensive homes
- Westville, IN: less expensive homes
- Lanoka Harbor, NJ: higher priced homes
- Westport, MA: higher priced homes
- Lasalle, IL: less expensive homes
- Laughlin, NV: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood