Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Shore area can be challenging. Home prices in South Shore are now at a median cost of $216,758, lower than the Chicago average of $290,679.
The average cost of rent is $1,003/mo in South Shore, primarily driven by the current value of real estate in the South Shore area. While nearly 39.78% of residents own their homes outright in South Shore, 74.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Shore is $3,327 per month. Households that rent pay about 30.15% of their income on rent here. South Shore's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Essex, Chicago, IL: less expensive homes
- Windsor Park, Chicago, IL: less expensive homes
- Avalon Park, Chicago, IL: less expensive homes
- Cheltenham, Chicago, IL: less expensive homes
- Italian Bowery, Chicago, IL: less expensive homes
- Woodlawn, Chicago, IL: higher priced homes
- South Chicago, Chicago, IL: less expensive homes
- Avalon Highlands, Chicago, IL: less expensive homes
- The Bush, Chicago, IL: less expensive homes
- Grand Crossing, Chicago, IL: less expensive homes
Neighborhoods with Similar Populations
- Seaport, Stockton, CA: higher priced homes
- Glendale, Queens, NY: higher priced homes
- South Dorchester, Boston, MA: higher priced homes
- Greater Greenspoint, Houston, TX: less expensive homes
- Greater Memorial, Houston, TX: higher priced homes
- Green Valley North, Henderson, NV: higher priced homes
- Harbor Gateway, Torrance, CA: higher priced homes
- Silver Lake, Los Angeles, CA: higher priced homes
- Shelby Forest-Frayser, Memphis, TN: less expensive homes
- South End, Tacoma, WA: higher priced homes
All Local Stats
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