Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Markham area can be challenging. Home prices in Markham are now at a median cost of $96,075, lower than the Illinois average of $242,002.
The average cost of rent is $1,454/mo in Markham, primarily driven by the current value of real estate in the Markham area. While nearly 45.25% of residents own their homes outright in Markham, 32.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Markham is $3,879 per month. Households that rent pay about 37.48% of their income on rent here. Markham's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Hazel Crest, IL: higher priced homes
- Harvey, IL: less expensive homes
- Posen, IL: higher priced homes
- East Hazel Crest, IL: higher priced homes
- Dixmoor, IL: less expensive homes
- Midlothian, IL: higher priced homes
- Phoenix, IL: equally priced homes
- Country Club Hills, IL: higher priced homes
- Homewood, IL: higher priced homes
- Robbins, IL: higher priced homes
Cities with Similar Populations
- Brookings, OR: higher priced homes
- Castle Pines North, CO: higher priced homes
- Carver, MA: higher priced homes
- Carthage, MS: equally priced homes
- Carroll, IA: higher priced homes
- Cardiff By The Sea, CA: higher priced homes
- Campobello, SC: higher priced homes
- Cameron, MO: higher priced homes
- Burr Ridge, IL: higher priced homes
- Bunker Hill, WV: higher priced homes
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