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These days, finding an affordable place to live in the Long Grove area can be challenging. Home prices in Long Grove are now at a median cost of $375,098, higher than the Iowa average of $226,062.
The average cost of rent is $1,019/mo in Long Grove, primarily driven by the current value of real estate in the Long Grove area. In Long Grove, 11.11% of households rent, and 35.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Long Grove is $10,198 per month. Households that rent pay about 9.99% of their income on rent here. Long Grove’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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