
Expensive
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These days, finding an affordable place to live in the O'Hare area can be challenging. Home prices in O'Hare are now at a median cost of $251,813, lower than the Chicago average of $351,773.
The average cost of rent is $1,396/mo in O'Hare, primarily driven by the current value of real estate in the O'Hare area. In O'Hare, 55.86% of households rent, and 39.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in O'Hare is $6,729 per month. Households that rent pay about 20.74% of their income on rent here. O'Hare’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Norwood Park, Chicago, IL: higher priced homes
- Dunning, Chicago, IL: higher priced homes
- Edison Park, Chicago, IL: higher priced homes
- Colonial Gardens, Chicago, IL: higher priced homes
- Schorsch, Chicago, IL: higher priced homes
- Ellsworth, Elmwood Park, IL: higher priced homes
- Montclare, Elmwood Park, IL: higher priced homes
- Gladstone, Chicago, IL: higher priced homes
- Jefferson Park, Chicago, IL: higher priced homes
- Martin Luther, Chicago, IL: higher priced homes
Neighborhoods with Similar Populations
- Campus Area, Albany, NY: higher priced homes
- Battery Park, Manhattan, NY: higher priced homes
- Shaw, Washington, DC: higher priced homes
- Pittman, Henderson, NV: higher priced homes
- Pleasant Valley, Portland, OR: higher priced homes
- Puritas Longmead, Cleveland, OH: less expensive homes
- Rocky-Fork Blacklick Accord, Westerville, OH: higher priced homes
- Rose Garden, San Jose, CA: higher priced homes
- Russian Hill, San Francisco, CA: higher priced homes
- San Carlos, San Diego, CA: higher priced homes
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