Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Montclare area can be challenging. Home prices in Montclare are now at a median cost of $523,596, higher than the Elmwood Park average of $389,293.
The average cost of rent is $1,385/mo in Montclare, primarily driven by the current value of real estate in the Montclare area. In Montclare, 44.17% of households rent, and 35.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montclare is $6,808 per month. Households that rent pay about 20.35% of their income on rent here. Montclare’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Ellsworth, Elmwood Park, IL: less expensive homes
- Dunning, Chicago, IL: less expensive homes
- Schorsch, Chicago, IL: less expensive homes
- Hanson Park, Chicago, IL: less expensive homes
- Belmont Cragin, Chicago, IL: less expensive homes
- Martin Luther, Chicago, IL: less expensive homes
- Pottage Park, Chicago, IL: less expensive homes
- Kelvyn Grove, Chicago, IL: less expensive homes
- Grayland, Chicago, IL: less expensive homes
- Austin, Chicago, IL: less expensive homes
Neighborhoods with Similar Populations
- Savage-Guilford, Laurel, MD: less expensive homes
- North Aurora, Aurora, CO: less expensive homes
- North Beach, Atlantic Beach, FL: less expensive homes
- North End, Bridgeport, CT: less expensive homes
- North Hills, El Paso, TX: less expensive homes
- North Shores, North Bay Village, FL: less expensive homes
- Northwest Corpus Christi, Corpus Christi, TX: less expensive homes
- Northwest Nashua, Nashua, NH: less expensive homes
- Point Place, Toledo, OH: less expensive homes
- Riviera, Santa Barbara, CA: higher priced homes
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