
Home Price Key
These days, finding an affordable place to live in the Jamaica area can be challenging. Home prices in Jamaica are now at a median cost of $153,593, lower than the Illinois average of $242,002.
The average cost of rent is $807/mo in Jamaica, primarily driven by the current value of real estate in the Jamaica area. While nearly 39.87% of residents own their homes outright in Jamaica, 7.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Jamaica is $6,022 per month. Households that rent pay about 13.40% of their income on rent here. Jamaica's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
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