Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Near West Side area can be challenging. Home prices in Near West Side are now at a median cost of $371,582, higher than the Chicago average of $290,679.
The average cost of rent is $1,602/mo in Near West Side, primarily driven by the current value of real estate in the Near West Side area. While nearly 23.81% of residents own their homes outright in Near West Side, 57.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Near West Side is $7,578 per month. Households that rent pay about 21.14% of their income on rent here. Near West Side's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- University Village, Chicago, IL: equally priced homes
- Greektown, Chicago, IL: higher priced homes
- Claremont Cottages, Chicago, IL: less expensive homes
- Pilsen, Chicago, IL: less expensive homes
- Lower West Side, Chicago, IL: less expensive homes
- West Town, Chicago, IL: higher priced homes
- Printers Row, Chicago, IL: higher priced homes
- Ukrainian Village, Chicago, IL: higher priced homes
- Loop, Chicago, IL: higher priced homes
- Near North Side, Chicago, IL: higher priced homes
Neighborhoods with Similar Populations
- South Gate, Glen Burnie, MD: less expensive homes
- Pacific Beach, San Diego, CA: higher priced homes
- Pennsport-Whitman-Queen, Philadelphia, PA: equally priced homes
- Pottage Park, Chicago, IL: less expensive homes
- Riverdale, Bronx, NY: higher priced homes
- Rosedale, Queens, NY: higher priced homes
- Serra Mesa, San Diego, CA: higher priced homes
- South Central, Reno, NV: higher priced homes
- South Dallas Fair Park, Dallas, TX: less expensive homes
- South End, Boston, MA: higher priced homes
All Local Stats
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