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Affordable
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These days, finding an affordable place to live in the Indian Head Park area can be challenging. Home prices in Indian Head Park are now at a median cost of $459,543, higher than the Illinois average of $300,242.
The average cost of rent is $1,587/mo in Indian Head Park, primarily driven by the current value of real estate in the Indian Head Park area. In Indian Head Park, 10.77% of households rent, and 45.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Indian Head Park is $13,102 per month. Households that rent pay about 12.12% of their income on rent here. Indian Head Park’s most expensive areas are in the southern 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
- Countryside, IL: less expensive homes
- Burr Ridge, IL: higher priced homes
- Hodgkins, IL: less expensive homes
- Hinsdale, IL: higher priced homes
- Western Springs, IL: higher priced homes
- Willow Springs, IL: less expensive homes
- La Grange, IL: higher priced homes
- Willowbrook, IL: less expensive homes
- Justice, IL: less expensive homes
- Clarendon Hills, IL: higher priced homes
Cities with Similar Populations
- Montauk, NY: higher priced homes
- Goliad, TX: less expensive homes
- Awendaw, SC: higher priced homes
- St. Bernard, OH: less expensive homes
- New London, MN: less expensive homes
- La Vale, MD: less expensive homes
- Somerville, TX: less expensive homes
- Fort Shawnee, OH: less expensive homes
- Elkhart, TX: less expensive homes
- Cass City, MI: less expensive homes
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