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These days, finding an affordable place to live in the Mundelein area can be challenging. Home prices in Mundelein are now at a median cost of $309,178, higher than the Illinois average of $300,242.
The average cost of rent is $1,834/mo in Mundelein, primarily driven by the current value of real estate in the Mundelein area. In Mundelein, 24.59% of households rent, and 38.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mundelein is $9,511 per month. Households that rent pay about 19.28% of their income on rent here. Mundelein’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Vernon Hills, IL: higher priced homes
- Indian Creek, IL: higher priced homes
- Libertyville, IL: higher priced homes
- Hawthorn Woods, IL: higher priced homes
- Long Grove, IL: higher priced homes
- Mettawa, IL: higher priced homes
- Green Oaks, IL: higher priced homes
- Kildeer, IL: higher priced homes
- Gages Lake, IL: equally priced homes
- Grayslake, IL: equally priced homes
Cities with Similar Populations
- Albertville, AL: less expensive homes
- Xenia, OH: less expensive homes
- Woodbury, NJ: equally priced homes
- Williston, ND: equally priced homes
- Westmont, CA: higher priced homes
- Waycross, GA: less expensive homes
- Deer Park, TX: less expensive homes
- Cooper City, FL: higher priced homes
- Burlington, NJ: equally priced homes
- Bowling Green, OH: less expensive homes
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