The Most Affordable Neighborhoods in Historic West-Side, Springfield, IL by Home Value

 

Historic West-Side, Springfield, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Historic West-Side area can be challenging. Home prices in Historic West-Side are now at a median cost of $138,064, lower than the Springfield average of $167,730.

The average cost of rent is $891/mo in Historic West-Side, primarily driven by the current value of real estate in the Historic West-Side area. In Historic West-Side, 33.25% of households rent, and 33.94% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Historic West-Side is $7,588 per month. Households that rent pay about 11.74% of their income on rent here. Historic West-Side’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern 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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