The Most Affordable Neighborhoods in River Grove, IL by Home Value

 

River Grove, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the River Grove area can be challenging. Home prices in River Grove are now at a median cost of $169,081, lower than the Illinois average of $242,002.

The average cost of rent is $1,271/mo in River Grove, primarily driven by the current value of real estate in the River Grove area. While nearly 41.06% of residents own their homes outright in River Grove, 40.64% rent.

Housing affordability isn’t just about home prices, though. The average household income in River Grove is $4,708 per month. Households that rent pay about 27.00% of their income on rent here. River Grove's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.


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