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These days, finding an affordable place to live in the Ridgefield area can be challenging. Home prices in Ridgefield are now at a median cost of $372,688, higher than the Illinois average of $300,242.
The average cost of rent is $1,365/mo in Ridgefield, primarily driven by the current value of real estate in the Ridgefield area. In Ridgefield, 26.07% of households rent, and 31.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ridgefield is $11,134 per month. Households that rent pay about 12.26% of their income on rent here. Ridgefield’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bull Valley, IL: less expensive homes
- Woodstock, IL: less expensive homes
- Lakewood, IL: higher priced homes
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- Prairie Grove, IL: higher priced homes
- Mchenry, IL: less expensive homes
- Lake in the Hills, IL: less expensive homes
- Wonder Lake, IL: less expensive homes
- Franklinville, IL: equally priced homes
- McCullom Lake, IL: less expensive homes
Cities with Similar Populations
- Koonsville, PA: less expensive homes
- Smallwood, NY: less expensive homes
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- Skaneateles Falls, NY: less expensive homes
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- Lamar, LA: less expensive homes
- Lake Poinsett, SD: less expensive homes
- Lake Huntington, NY: less expensive homes
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