The Most Affordable Neighborhoods in Greektown, Chicago, IL by Home Value

 

Greektown, Chicago, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Greektown area can be challenging. Home prices in Greektown are now at a median cost of $432,737, higher than the Chicago average of $290,679.

The average cost of rent is $2,291/mo in Greektown, primarily driven by the current value of real estate in the Greektown area. While nearly 17.70% of residents own their homes outright in Greektown, 46.37% rent.

Housing affordability isn’t just about home prices, though. The average household income in Greektown is $11,459 per month. Households that rent pay about 20.00% of their income on rent here. Greektown's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the neighborhood.


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