Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lower West Side area can be challenging. Home prices in Lower West Side are now at a median cost of $303,065, higher than the Chicago average of $290,679.
The average cost of rent is $1,151/mo in Lower West Side, primarily driven by the current value of real estate in the Lower West Side area. While nearly 43.66% of residents own their homes outright in Lower West Side, 68.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lower West Side is $5,675 per month. Households that rent pay about 20.28% of their income on rent here. Lower West Side's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Pilsen, Chicago, IL: equally priced homes
- University Village, Chicago, IL: higher priced homes
- Locks, Chicago, IL: higher priced homes
- Claremont Cottages, Chicago, IL: equally priced homes
- Bohemian California, Chicago, IL: less expensive homes
- Near West Side, Chicago, IL: higher priced homes
- Mount Pleasant, Chicago, IL: equally priced homes
- Ducktown, Chicago, IL: less expensive homes
- Bridgeport, Chicago, IL: higher priced homes
- Armour Square, Chicago, IL: equally priced homes
Neighborhoods with Similar Populations
- San Luis Rey, Oceanside, CA: higher priced homes
- Highland Park, Los Angeles, CA: higher priced homes
- Historic Filipinotown, Los Angeles, CA: higher priced homes
- Hunts Point, Bronx, NY: higher priced homes
- Kalihi Valley, Honolulu, HI: higher priced homes
- Maplewood-Ashcreek, Portland, OR: higher priced homes
- Airport, Honolulu, HI: higher priced homes
- Mountain View, El Monte, CA: higher priced homes
- Nob Hill, San Francisco, CA: higher priced homes
- Noe Valley, San Francisco, CA: higher priced homes
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