Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New City area can be challenging. Home prices in New City are now at a median cost of $141,428, lower than the Chicago average of $290,679.
The average cost of rent is $891/mo in New City, primarily driven by the current value of real estate in the New City area. While nearly 51.85% of residents own their homes outright in New City, 65.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in New City is $2,598 per month. Households that rent pay about 34.29% of their income on rent here. New City's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- Back of the Yards, Chicago, IL: equally priced homes
- Canaryville, Chicago, IL: higher priced homes
- Gage Park, Chicago, IL: higher priced homes
- West Englewood, Chicago, IL: less expensive homes
- Englewood, Chicago, IL: less expensive homes
- Brighton Park, Chicago, IL: higher priced homes
- Mount Pleasant, Chicago, IL: higher priced homes
- Ducktown, Chicago, IL: higher priced homes
- Washington Park, Chicago, IL: less expensive homes
- Garfield Manor, Chicago, IL: higher priced homes
Neighborhoods with Similar Populations
- Silver Lakes, Pembroke Pines, FL: higher priced homes
- West Ward, Easton, PA: less expensive homes
- Como, St. Paul, MN: higher priced homes
- Rancho West, San Bernardino, CA: higher priced homes
- Edison Historic District, Pomona, CA: higher priced homes
- Huffman-O'Malley, Anchorage, AK: higher priced homes
- Pinehurst, Everett, WA: higher priced homes
- North Los Altos, Los Altos, CA: higher priced homes
- Broadway Junction, Brooklyn, NY: higher priced homes
- Near East, Dallas, TX: higher priced homes
All Local Stats
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