The Most Affordable Neighborhoods in Gross Point, Wilmette, IL by Home Value

 

Gross Point, Wilmette, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Gross Point area can be challenging. Home prices in Gross Point are now at a median cost of $742,748, lower than the Wilmette average of $769,261.

The average cost of rent is $2,005/mo in Gross Point, primarily driven by the current value of real estate in the Gross Point area. While nearly 36.76% of residents own their homes outright in Gross Point, 9.06% rent.

Housing affordability isn’t just about home prices, though. The average household income in Gross Point is $15,129 per month. Households that rent pay about 13.25% of their income on rent here. Gross Point's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the neighborhood.


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