Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ridgeland area can be challenging. Home prices in Ridgeland are now at a median cost of $392,658, higher than the Oak Park average of $387,938.
The average cost of rent is $1,230/mo in Ridgeland, primarily driven by the current value of real estate in the Ridgeland area. While nearly 21.28% of residents own their homes outright in Ridgeland, 44.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ridgeland is $8,120 per month. Households that rent pay about 15.15% of their income on rent here. Ridgeland's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the neighborhood.
Nearby Neighborhoods
- Edmund F Burton, Oak Park, IL: less expensive homes
- Austin, Chicago, IL: less expensive homes
- Samuel A Rothermel, Oak Park, IL: less expensive homes
- Moreland, Chicago, IL: less expensive homes
- Mandell, Chicago, IL: less expensive homes
- Hanson Park, Chicago, IL: less expensive homes
- Central Park, Chicago, IL: less expensive homes
- West Garfield Park, Chicago, IL: less expensive homes
- Belmont Cragin, Chicago, IL: less expensive homes
- Ellsworth, Elmwood Park, IL: less expensive homes
Neighborhoods with Similar Populations
- Allison Hill, Harrisburg, PA: less expensive homes
- Brooklawn-St. Vincent, Bridgeport, CT: less expensive homes
- Bayshore-Klatt, Anchorage, AK: less expensive homes
- Barry Square, Hartford, CT: less expensive homes
- Ashburn Village, Ashburn, VA: higher priced homes
- Armour Square, Chicago, IL: less expensive homes
- Angel Park Lindell, Las Vegas, NV: less expensive homes
- Artesia Pilar, Santa Ana, CA: higher priced homes
- Old Town, Torrance, CA: higher priced homes
- Parkrose, Portland, OR: equally priced homes
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