Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Moreland area can be challenging. Home prices in Moreland are now at a median cost of $228,277, lower than the Chicago average of $351,773.
The average cost of rent is $1,263/mo in Moreland, primarily driven by the current value of real estate in the Moreland area. In Moreland, 54.09% of households rent, and 27.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Moreland is $4,597 per month. Households that rent pay about 27.47% of their income on rent here. Moreland’s most expensive areas are in the southern 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
- Austin, Chicago, IL: higher priced homes
- Mandell, Chicago, IL: equally priced homes
- Central Park, Chicago, IL: equally priced homes
- West Garfield Park, Chicago, IL: equally priced homes
- Ridgeland, Oak Park, IL: higher priced homes
- Whiskey Point, Chicago, IL: higher priced homes
- Humboldt Park, Chicago, IL: higher priced homes
- Beat 2535, Chicago, IL: higher priced homes
- Hermosa, Chicago, IL: higher priced homes
- Hanson Park, Chicago, IL: higher priced homes
Neighborhoods with Similar Populations
- Edgerton, Rochester, NY: less expensive homes
- Cochran's Crossing, The Woodlands, TX: higher priced homes
- Collister, Boise, ID: higher priced homes
- Crescent Hill, Louisville, KY: higher priced homes
- Creston-Kenilworth, Portland, OR: higher priced homes
- Downtown Columbia, Columbia, SC: higher priced homes
- Downtown West, Minneapolis, MN: higher priced homes
- Duluth Heights, Duluth, MN: higher priced homes
- East English Village, Detroit, MI: less expensive homes
- Arnett Benson, Lubbock, TX: less expensive homes
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