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These days, finding an affordable place to live in the Pine Grove area can be challenging. Home prices in Pine Grove are now at a median cost of $315,006, lower than the Chicago average of $351,773.
The average cost of rent is $1,862/mo in Pine Grove, primarily driven by the current value of real estate in the Pine Grove area. In Pine Grove, 58.47% of households rent, and 29.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pine Grove is $7,619 per month. Households that rent pay about 24.44% of their income on rent here. Pine Grove’s most expensive areas are in the western 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
- Lake View, Chicago, IL: higher priced homes
- Uptown, Chicago, IL: higher priced homes
- Asia on Argyle, Chicago, IL: equally priced homes
- Cuyler, Chicago, IL: higher priced homes
- Roscoe Village, Chicago, IL: higher priced homes
- Hamlin Park, Chicago, IL: higher priced homes
- Lincoln Park, Chicago, IL: higher priced homes
- North Center, Chicago, IL: higher priced homes
- Bricktown, Chicago, IL: higher priced homes
- West Ravenswood, Chicago, IL: higher priced homes
Neighborhoods with Similar Populations
- Lincoln Heights, Spokane, WA: higher priced homes
- Southeast, Eugene, OR: higher priced homes
- South Park, Los Angeles, CA: higher priced homes
- South Englewood, Chicago, IL: less expensive homes
- South End, Nashua, NH: higher priced homes
- South Deering, Chicago, IL: less expensive homes
- Somerset, Bellevue, WA: higher priced homes
- Silver Lake, Providence, RI: less expensive homes
- Sherwood Manor, Stockton, CA: higher priced homes
- Sellwood-Moreland, Portland, OR: higher priced homes
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