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These days, finding an affordable place to live in the Greenwich area can be challenging. Home prices in Greenwich are now at a median cost of $187,741, lower than the Illinois average of $300,242.
The average cost of rent is $994/mo in Greenwich, primarily driven by the current value of real estate in the Greenwich area. In Greenwich, 10.08% of households rent, and 51.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Greenwich is $6,811 per month. Households that rent pay about 14.59% of their income on rent here. Greenwich’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Limestone, IL: higher priced homes
- Lehigh, IL: higher priced homes
- Kankakee, IL: less expensive homes
- Irwin, IL: equally priced homes
- Otto, IL: equally priced homes
- Bourbonnais, IL: higher priced homes
- Bradley, IL: equally priced homes
- Sammons Point, IL: equally priced homes
- Bonfield, IL: higher priced homes
- Goodrich, IL: higher priced homes
Cities with Similar Populations
- Briarcliff, AR: equally priced homes
- Beason, IL: less expensive homes
- Belott, TX: higher priced homes
- Ben Avon Heights, PA: higher priced homes
- Bethlehem, OH: less expensive homes
- Blakely, AR: equally priced homes
- Blanford, IN: less expensive homes
- Blencoe, IA: higher priced homes
- Blount, WV: less expensive homes
- Bluehole, KY: less expensive homes
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