The Most Affordable Neighborhoods in Orchard Meadows, Mundelein, IL by Home Value

 

Orchard Meadows, Mundelein, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Orchard Meadows area can be challenging. Home prices in Orchard Meadows are now at a median cost of $245,368, lower than the Mundelein average of $258,454.

The average cost of rent is $1,709/mo in Orchard Meadows, primarily driven by the current value of real estate in the Orchard Meadows area. While nearly 34.97% of residents own their homes outright in Orchard Meadows, 13.03% rent.

Housing affordability isn’t just about home prices, though. The average household income in Orchard Meadows is $8,334 per month. Households that rent pay about 20.51% of their income on rent here. Orchard Meadows's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.


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