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Expensive
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These days, finding an affordable place to live in the Garfield Ridge area can be challenging. Home prices in Garfield Ridge are now at a median cost of $310,959, lower than the Chicago average of $351,773.
The average cost of rent is $1,310/mo in Garfield Ridge, primarily driven by the current value of real estate in the Garfield Ridge area. In Garfield Ridge, 16.69% of households rent, and 43.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Garfield Ridge is $8,526 per month. Households that rent pay about 15.36% of their income on rent here. Garfield Ridge’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Clearing, Chicago, IL: equally priced homes
- Archer Limits, Chicago, IL: less expensive homes
- Archer Heights, Chicago, IL: equally priced homes
- West Elsdon, Chicago, IL: less expensive homes
- West Lawn, Chicago, IL: less expensive homes
- Garfield Manor, Chicago, IL: less expensive homes
- Crawford, Chicago, IL: less expensive homes
- Gage Park, Chicago, IL: less expensive homes
- Corwith, Chicago, IL: less expensive homes
- Chicago Lawn, Chicago, IL: less expensive homes
Neighborhoods with Similar Populations
- Las Tierras, El Paso, TX: less expensive homes
- Valley Ranch, Irving, TX: higher priced homes
- Landmark-Van Dom, Alexandria, VA: higher priced homes
- Glassell Park, Los Angeles, CA: higher priced homes
- Forest Park, Springfield, MA: less expensive homes
- Estrella-Tolleson, Tolleson, AZ: higher priced homes
- East Broad, Black Lick, OH: equally priced homes
- East Boston, Boston, MA: higher priced homes
- Constable Hook, Bayonne, NJ: higher priced homes
- Clearview, Queens, NY: higher priced homes
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