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These days, finding an affordable place to live in the Olympia Fields area can be challenging. Home prices in Olympia Fields are now at a median cost of $313,541, higher than the Illinois average of $300,242.
The average cost of rent is $2,883/mo in Olympia Fields, primarily driven by the current value of real estate in the Olympia Fields area. In Olympia Fields, 15.93% of households rent, and 20.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Olympia Fields is $9,087 per month. Households that rent pay about 31.73% of their income on rent here. Olympia Fields’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Flossmoor, IL: equally priced homes
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- Country Club Hills, IL: less expensive homes
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Cities with Similar Populations
- Warsaw, NC: less expensive homes
- Vassalboro, ME: less expensive homes
- Verbena, AL: less expensive homes
- Vergennes, VT: higher priced homes
- Vermont Heights, FL: higher priced homes
- West Lafayette, OH: less expensive homes
- Verona, VA: less expensive homes
- Warsaw, VA: less expensive homes
- West Hazleton, PA: less expensive homes
- Warsaw, NY: less expensive homes
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