Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Lenox area can be challenging. Home prices in New Lenox are now at a median cost of $305,439, higher than the Illinois average of $242,002.
The average cost of rent is $1,231/mo in New Lenox, primarily driven by the current value of real estate in the New Lenox area. While nearly 30.23% of residents own their homes outright in New Lenox, 6.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Lenox is $9,616 per month. Households that rent pay about 12.81% of their income on rent here. New Lenox's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Mokena, IL: equally priced homes
- Manhattan, IL: equally priced homes
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- Homer Glen, IL: higher priced homes
- Rockdale, IL: less expensive homes
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- Frankfort Square, IL: less expensive homes
- Elwood, IL: less expensive homes
- Orland Hills, IL: less expensive homes
Cities with Similar Populations
- Sewell, NJ: less expensive homes
- Glendale Heights, IL: less expensive homes
- Golden Glades, FL: less expensive homes
- Greenfield, WI: less expensive homes
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- Gurabo, PR: less expensive homes
- Gurnee, IL: less expensive homes
- Hudsonville, MI: less expensive homes
- Hyde Park, MA: higher priced homes
- Inver Grove Heights, MN: higher priced homes
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