The Most Affordable Neighborhoods in Irving, IL by Home Value

 

Irving, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Irving area can be challenging. Home prices in Irving are now at a median cost of $77,142, lower than the Illinois average of $300,242.

The average cost of rent is $763/mo in Irving, primarily driven by the current value of real estate in the Irving area. In Irving, 10.69% of households rent, and 75.01% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Irving is $5,834 per month. Households that rent pay about 13.07% of their income on rent here. Irving’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.

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


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