The Most Affordable Neighborhoods in Lincoln Square, Chicago, IL by Home Value

 

Lincoln Square, Chicago, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lincoln Square area can be challenging. Home prices in Lincoln Square are now at a median cost of $368,598, higher than the Chicago average of $290,679.

The average cost of rent is $1,431/mo in Lincoln Square, primarily driven by the current value of real estate in the Lincoln Square area. While nearly 28.86% of residents own their homes outright in Lincoln Square, 62.39% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lincoln Square is $6,375 per month. Households that rent pay about 22.44% of their income on rent here. Lincoln Square's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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