
Expensive
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These days, finding an affordable place to live in the Grand Boulevard area can be challenging. Home prices in Grand Boulevard are now at a median cost of $319,380, lower than the Chicago average of $351,773.
The average cost of rent is $1,245/mo in Grand Boulevard, primarily driven by the current value of real estate in the Grand Boulevard area. In Grand Boulevard, 69.04% of households rent, and 21.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grand Boulevard is $4,945 per month. Households that rent pay about 25.17% of their income on rent here. Grand Boulevard’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Oakland, Chicago, IL: higher priced homes
- Kenwood, Chicago, IL: higher priced homes
- Canaryville, Chicago, IL: higher priced homes
- Bronzeville, Chicago, IL: higher priced homes
- Washington Park, Chicago, IL: equally priced homes
- Douglas, Chicago, IL: equally priced homes
- Hyde Park, Chicago, IL: higher priced homes
- Bridgeport, Chicago, IL: higher priced homes
- Armour Square, Chicago, IL: higher priced homes
- Woodlawn, Chicago, IL: less expensive homes
Neighborhoods with Similar Populations
- Woodlawn, Chicago, IL: less expensive homes
- Portar Ranch, Northridge, CA: higher priced homes
- Oxon Hill-Glassmanor, Oxon Hill, MD: equally priced homes
- Stanford University, Stanford, CA: higher priced homes
- Upper Roseville, Newark, NJ: higher priced homes
- Urbandale-Parkdale, Dallas, TX: less expensive homes
- Visitacion Valley, San Francisco, CA: higher priced homes
- West Park, Irvine, CA: higher priced homes
- West Price Hill, Cincinnati, OH: less expensive homes
- West Seattle, Seattle, WA: higher priced homes
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