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 $854,412, lower than the Wilmette average of $865,569.

The average cost of rent is $2,302/mo in Gross Point, primarily driven by the current value of real estate in the Gross Point area. In Gross Point, 8.47% of households rent, and 29.98% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Gross Point is $17,195 per month. Households that rent pay about 13.39% of their income on rent here. Gross Point’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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