The Most Affordable Neighborhoods in Nottingham Woods, IL by Home Value

 

Nottingham Woods, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Nottingham Woods area can be challenging. Home prices in Nottingham Woods are now at a median cost of $318,481, higher than the Illinois average of $242,002.

The average cost of rent is $1,155/mo in Nottingham Woods, primarily driven by the current value of real estate in the Nottingham Woods area. While nearly 30.09% of residents own their homes outright in Nottingham Woods, 5.38% rent.

Housing affordability isn’t just about home prices, though. The average household income in Nottingham Woods is $9,721 per month. Households that rent pay about 11.88% of their income on rent here. Nottingham Woods's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.


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