Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the South Deering area can be challenging. Home prices in South Deering are now at a median cost of $140,608, lower than the Chicago average of $351,773.
The average cost of rent is $1,159/mo in South Deering, primarily driven by the current value of real estate in the South Deering area. In South Deering, 46.47% of households rent, and 52.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Deering is $4,173 per month. Households that rent pay about 27.78% of their income on rent here. South Deering’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Pill Hill, Chicago, IL: higher priced homes
- Calumet Heights, Chicago, IL: higher priced homes
- East Side, Chicago, IL: higher priced homes
- South Chicago, Chicago, IL: higher priced homes
- The Bush, Chicago, IL: higher priced homes
- Pullman, Chicago, IL: higher priced homes
- Cheltenham, Chicago, IL: higher priced homes
- Avalon Park, Chicago, IL: higher priced homes
- Windsor Park, Chicago, IL: higher priced homes
- Chatham, Chicago, IL: higher priced homes
Neighborhoods with Similar Populations
- East Oak Hill, Austin, TX: higher priced homes
- Town 'N Country Park, Town 'n' Country, FL: higher priced homes
- The Avenues, Salt Lake City, UT: higher priced homes
- Elmhurst, Providence, RI: higher priced homes
- El Camino Real, Irvine, CA: higher priced homes
- Edison Park, Chicago, IL: higher priced homes
- Eastside Lansing, Lansing, MI: equally priced homes
- East Village, San Diego, CA: higher priced homes
- East Side-Bridgeport, Bridgeport, CT: higher priced homes
- East San Diego, San Diego, CA: higher priced homes
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