Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morton Grove area can be challenging. Home prices in Morton Grove are now at a median cost of $318,231, higher than the Illinois average of $242,002.
The average cost of rent is $1,921/mo in Morton Grove, primarily driven by the current value of real estate in the Morton Grove area. While nearly 39.13% of residents own their homes outright in Morton Grove, 13.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morton Grove is $7,542 per month. Households that rent pay about 25.47% of their income on rent here. Morton Grove's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Golf, IL: higher priced homes
- Niles, IL: equally priced homes
- Skokie, IL: equally priced homes
- Glenview, IL: higher priced homes
- Park Ridge, IL: higher priced homes
- Lincolnwood, IL: higher priced homes
- Northfield, IL: higher priced homes
- Wilmette, IL: higher priced homes
- Glenview Nas, IL: higher priced homes
- Kenilworth, IL: higher priced homes
Cities with Similar Populations
- Ponte Vedra, FL: higher priced homes
- Lithia Springs, GA: less expensive homes
- Lodi, NJ: higher priced homes
- Londonderry, NH: higher priced homes
- Macungie, PA: less expensive homes
- Madisonville, KY: less expensive homes
- Mahopac, NY: higher priced homes
- Mahwah, NJ: higher priced homes
- Maineville, OH: less expensive homes
- Manchester, TN: less expensive homes
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