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These days, finding an affordable place to live in the Skokie area can be challenging. Home prices in Skokie are now at a median cost of $372,952, higher than the Illinois average of $300,242.
The average cost of rent is $1,795/mo in Skokie, primarily driven by the current value of real estate in the Skokie area. In Skokie, 26.68% of households rent, and 40.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Skokie is $9,161 per month. Households that rent pay about 19.59% of their income on rent here. Skokie’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lincolnwood, IL: higher priced homes
- Morton Grove, IL: equally priced homes
- Evanston, IL: higher priced homes
- Golf, IL: higher priced homes
- Wilmette, IL: higher priced homes
- Kenilworth, IL: higher priced homes
- Niles, IL: equally priced homes
- Glenview, IL: higher priced homes
- Northfield, IL: higher priced homes
- Winnetka, IL: higher priced homes
Cities with Similar Populations
- Belleville, IL: less expensive homes
- San Clemente, CA: higher priced homes
- Midland, MI: less expensive homes
- Moore, OK: less expensive homes
- Orland Park, IL: equally priced homes
- Port Orange, FL: less expensive homes
- Pottstown, PA: less expensive homes
- Reston, VA: higher priced homes
- Rocky Mount, NC: less expensive homes
- Rowlett, TX: equally priced homes
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