Home Price Key
Affordable
Average
Expensive
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 $193,831, lower than the Chicago average of $290,679.
The average cost of rent is $1,145/mo in Moreland, primarily driven by the current value of real estate in the Moreland area. While nearly 37.13% of residents own their homes outright in Moreland, 65.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Moreland is $3,046 per month. Households that rent pay about 37.60% of their income on rent here. Moreland's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Austin, Chicago, IL: higher priced homes
- Mandell, Chicago, IL: equally priced homes
- Central Park, Chicago, IL: less expensive 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: equally 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
All Local Stats
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