Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merrionette Park area can be challenging. Home prices in Merrionette Park are now at a median cost of $64,909, lower than the Illinois average of $242,002.
The average cost of rent is $1,186/mo in Merrionette Park, primarily driven by the current value of real estate in the Merrionette Park area. While nearly 61.95% of residents own their homes outright in Merrionette Park, 48.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merrionette Park is $3,350 per month. Households that rent pay about 35.40% of their income on rent here. Merrionette Park's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Alsip, IL: higher priced homes
- Blue Island, IL: higher priced homes
- Calumet Park, IL: higher priced homes
- Evergreen Park, IL: higher priced homes
- Robbins, IL: higher priced homes
- Crestwood, IL: higher priced homes
- Oak Lawn, IL: higher priced homes
- Posen, IL: higher priced homes
- Hometown, IL: higher priced homes
- Dixmoor, IL: less expensive homes
Cities with Similar Populations
- Trainer, PA: higher priced homes
- Glencoe, OK: higher priced homes
- Hartley, IA: higher priced homes
- Lydia Mills, SC: higher priced homes
- Mentone, AL: higher priced homes
- Pilot, VA: higher priced homes
- Port Austin, MI: higher priced homes
- Rosholt, WI: higher priced homes
- Sandy Creek, NY: higher priced homes
- Sleepy Hollow, CA: higher priced homes
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