
Expensive
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These days, finding an affordable place to live in the Mount Greenwood area can be challenging. Home prices in Mount Greenwood are now at a median cost of $301,241, lower than the Chicago average of $351,773.
The average cost of rent is $1,639/mo in Mount Greenwood, primarily driven by the current value of real estate in the Mount Greenwood area. In Mount Greenwood, 19.63% of households rent, and 32.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Greenwood is $9,743 per month. Households that rent pay about 16.82% of their income on rent here. Mount Greenwood’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Brookside Glen, Chicago, IL: less expensive homes
- Morgan Park, Chicago, IL: equally priced homes
- Beverly, Chicago, IL: higher priced homes
- Clarkdale, Chicago, IL: less expensive homes
- Placerdale, Chicago, IL: less expensive homes
- Ashburn, Chicago, IL: less expensive homes
- Washington Heights, Chicago, IL: less expensive homes
- Brainerd, Chicago, IL: less expensive homes
- West Pullman, Chicago, IL: less expensive homes
- Gano, Chicago, IL: less expensive homes
Neighborhoods with Similar Populations
- Southwest, Columbus, OH: less expensive homes
- Elmwood, Berkeley, CA: higher priced homes
- Kensington, Philadelphia, PA: higher priced homes
- Loop, Chicago, IL: higher priced homes
- Maplewood-Ashcreek, Portland, OR: higher priced homes
- McGinley Square, Jersey City, NJ: higher priced homes
- Morgan Park, Chicago, IL: equally priced homes
- North Redlands, Redlands, CA: higher priced homes
- Northwest, Portland, OR: higher priced homes
- Port Richmond, Staten Island, NY: higher priced homes
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