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These days, finding an affordable place to live in the Lockport area can be challenging. Home prices in Lockport are now at a median cost of $317,447, higher than the Illinois average of $300,242.
The average cost of rent is $1,837/mo in Lockport, primarily driven by the current value of real estate in the Lockport area. In Lockport, 15.51% of households rent, and 30.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lockport is $9,606 per month. Households that rent pay about 19.12% of their income on rent here. Lockport’s most expensive areas are in the eastern 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
- Crest Hill, IL: less expensive homes
- Homer Glen, IL: higher priced homes
- Romeoville, IL: less expensive homes
- Joliet, IL: less expensive homes
- Lemont, IL: higher priced homes
- New Lenox, IL: higher priced homes
- Rockdale, IL: less expensive homes
- Sag Bridge, IL: higher priced homes
- Bolingbrook, IL: equally priced homes
- Mokena, IL: higher priced homes
Cities with Similar Populations
- Lebanon, OH: higher priced homes
- Springville, UT: higher priced homes
- Spotsylvania, VA: higher priced homes
- South Riding, VA: higher priced homes
- Mundelein, IL: equally priced homes
- Media, PA: higher priced homes
- Litchfield Park, AZ: higher priced homes
- Lindenhurst, NY: higher priced homes
- Lexington, MA: higher priced homes
- Lenoir, NC: less expensive homes
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