Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Highwood area can be challenging. Home prices in Highwood are now at a median cost of $477,810, higher than the Illinois average of $242,002.
The average cost of rent is $1,678/mo in Highwood, primarily driven by the current value of real estate in the Highwood area. While nearly 33.87% of residents own their homes outright in Highwood, 51.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Highwood is $7,634 per month. Households that rent pay about 21.98% of their income on rent here. Highwood's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Highland Park, IL: higher priced homes
- Lake Forest, IL: higher priced homes
- Bannockburn, IL: higher priced homes
- Deerfield, IL: higher priced homes
- Riverwoods, IL: equally priced homes
- Northbrook, IL: higher priced homes
- Glencoe, IL: higher priced homes
- Lincolnshire, IL: higher priced homes
- Lake Bluff, IL: less expensive homes
- Mettawa, IL: higher priced homes
Cities with Similar Populations
- Hayes, VA: less expensive homes
- Greenport, NY: higher priced homes
- Greentown, IN: less expensive homes
- Greenville, IN: less expensive homes
- Greenwich, NY: less expensive homes
- Greenwood, DE: less expensive homes
- Gretna, VA: less expensive homes
- Grifton, NC: less expensive homes
- Grimesland, NC: less expensive homes
- Groesbeck, TX: less expensive homes
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