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These days, finding an affordable place to live in the South Englewood area can be challenging. Home prices in South Englewood are now at a median cost of $223,426, lower than the Chicago average of $351,773.
The average cost of rent is $1,120/mo in South Englewood, primarily driven by the current value of real estate in the South Englewood area. In South Englewood, 60.83% of households rent, and 44.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Englewood is $4,054 per month. Households that rent pay about 27.62% of their income on rent here. South Englewood’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Auburn Gresham, Chicago, IL: less expensive homes
- Brainerd, Chicago, IL: equally priced homes
- Chester Highlands, Chicago, IL: less expensive homes
- Auburn Park, Chicago, IL: equally priced homes
- West Englewood, Chicago, IL: less expensive homes
- Becks Park, Chicago, IL: less expensive homes
- Washington Heights, Chicago, IL: less expensive homes
- Englewood, Chicago, IL: less expensive homes
- Chicago Lawn, Chicago, IL: equally priced homes
- Beverly, Chicago, IL: higher priced homes
Neighborhoods with Similar Populations
- Washington Manor-Bonaire, San Leandro, CA: higher priced homes
- Carterville, Provo, UT: higher priced homes
- Cascade, Anderson, CA: higher priced homes
- Castro-Upper Market, San Francisco, CA: higher priced homes
- Central City, New Orleans, LA: higher priced homes
- Dock Square, Boston, MA: higher priced homes
- Rancho Rinconada, Cupertino, CA: higher priced homes
- Torrey Pines, San Diego, CA: higher priced homes
- U Street Corridor, Washington, DC: higher priced homes
- Upper Eastside, Miami, FL: higher priced homes
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