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These days, finding an affordable place to live in the North Barrington area can be challenging. Home prices in North Barrington are now at a median cost of $620,900, higher than the Illinois average of $300,242.
The average cost of rent is $2,365/mo in North Barrington, primarily driven by the current value of real estate in the North Barrington area. In North Barrington, 4.59% of households rent, and 27.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in North Barrington is $15,755 per month. Households that rent pay about 15.01% of their income on rent here. North Barrington’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lake Barrington, IL: less expensive homes
- Tower Lakes, IL: equally priced homes
- Lake Zurich, IL: less expensive homes
- Barrington, IL: equally priced homes
- Hawthorn Woods, IL: equally priced homes
- Deer Park, IL: less expensive homes
- Kildeer, IL: higher priced homes
- Port Barrington, IL: less expensive homes
- Wauconda, IL: less expensive homes
- Fox River Grove, IL: less expensive homes
Cities with Similar Populations
- Benson, MN: less expensive homes
- North Hampton, NH: equally priced homes
- New Haven, MO: less expensive homes
- Little Compton, RI: higher priced homes
- Lincoln Park, CO: less expensive homes
- Las Animas, CO: less expensive homes
- Arthur, IL: less expensive homes
- Keeseville, NY: less expensive homes
- Jackson, MN: less expensive homes
- Falmouth, MA: higher priced homes
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