The Most Affordable Neighborhoods in Lumaghi Heights, IL by Home Value

 

Lumaghi Heights, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lumaghi Heights area can be challenging. Home prices in Lumaghi Heights are now at a median cost of $194,257, lower than the Illinois average of $242,002.

The average cost of rent is $935/mo in Lumaghi Heights, primarily driven by the current value of real estate in the Lumaghi Heights area. While nearly 29.83% of residents own their homes outright in Lumaghi Heights, 3.61% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lumaghi Heights is $10,484 per month. Households that rent pay about 8.92% of their income on rent here. Lumaghi Heights's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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