Affordable
Expensive
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These days, finding an affordable place to live in the Placerdale area can be challenging. Home prices in Placerdale are now at a median cost of $145,151, lower than the Chicago average of $351,773.
The average cost of rent is $1,401/mo in Placerdale, primarily driven by the current value of real estate in the Placerdale area. In Placerdale, 40.16% of households rent, and 46.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Placerdale is $5,142 per month. Households that rent pay about 27.25% of their income on rent here. Placerdale’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- West Pullman, Chicago, IL: higher priced homes
- Gano, Chicago, IL: higher priced homes
- Morgan Park, Chicago, IL: higher priced homes
- Roseland, Chicago, IL: higher priced homes
- Brookside Glen, Chicago, IL: higher priced homes
- Beverly, Chicago, IL: higher priced homes
- Washington Heights, Chicago, IL: higher priced homes
- Pullman, Chicago, IL: higher priced homes
- Mount Greenwood, Chicago, IL: higher priced homes
- Brainerd, Chicago, IL: higher priced homes
Neighborhoods with Similar Populations
- Timber Ridge, San Antonio, TX: higher priced homes
- Buckley, Oakland, CT: higher priced homes
- West River, New Haven, CT: higher priced homes
- Central Business District, New Orleans, LA: higher priced homes
- Wake Forest University, Winston-Salem, NC: higher priced homes
- Coral Ridge Isles, Fort Lauderdale, FL: higher priced homes
- Corryville, Cincinnati, OH: higher priced homes
- Urbanizacion Las Vegas, Catano, PR: equally priced homes
- U of O Campus, Eugene, OR: higher priced homes
- Tyner Homes, Bakersfield, CA: higher priced homes
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