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Affordable
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These days, finding an affordable place to live in the Hinsdale area can be challenging. Home prices in Hinsdale are now at a median cost of $797,686, higher than the Illinois average of $300,242.
The average cost of rent is $2,190/mo in Hinsdale, primarily driven by the current value of real estate in the Hinsdale area. In Hinsdale, 19.89% of households rent, and 37.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hinsdale is $15,135 per month. Households that rent pay about 14.47% of their income on rent here. Hinsdale’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Willowbrook, IL: less expensive homes
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Cities with Similar Populations
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- Randolph, NJ: less expensive homes
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