Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Near South Side area can be challenging. Home prices in Near South Side are now at a median cost of $438,681, higher than the Chicago average of $290,679.
The average cost of rent is $2,203/mo in Near South Side, primarily driven by the current value of real estate in the Near South Side area. While nearly 20.48% of residents own their homes outright in Near South Side, 44.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Near South Side is $9,767 per month. Households that rent pay about 22.56% of their income on rent here. Near South Side's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Printers Row, Chicago, IL: equally priced homes
- Armour Square, Chicago, IL: less expensive homes
- Douglas, Chicago, IL: less expensive homes
- Loop, Chicago, IL: equally priced homes
- University Village, Chicago, IL: equally priced homes
- Greektown, Chicago, IL: equally priced homes
- Pilsen, Chicago, IL: less expensive homes
- Bridgeport, Chicago, IL: less expensive homes
- Bronzeville, Chicago, IL: less expensive homes
- Locks, Chicago, IL: less expensive homes
Neighborhoods with Similar Populations
- Brentwood, Washington, DC: higher priced homes
- Broadmoor-Sherwood, Baton Rouge, LA: less expensive homes
- Clintonville, Columbus, OH: less expensive homes
- Hyde Park, Chicago, IL: less expensive homes
- Albany Park, Chicago, IL: less expensive homes
- Little Haiti, Miami, FL: less expensive homes
- Little Lake City, Santa Fe Springs, CA: higher priced homes
- North Linden, Columbus, OH: less expensive homes
- Northeast, Anchorage, AK: less expensive homes
- Northeast, Columbus, OH: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood