The Most Affordable Neighborhoods in Southern View, IL by Home Value

 

Southern View, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Southern View area can be challenging. Home prices in Southern View are now at a median cost of $90,789, lower than the Illinois average of $242,002.

The average cost of rent is $847/mo in Southern View, primarily driven by the current value of real estate in the Southern View area. While nearly 35.06% of residents own their homes outright in Southern View, 29.84% rent.

Housing affordability isn’t just about home prices, though. The average household income in Southern View is $4,280 per month. Households that rent pay about 19.78% of their income on rent here. Southern View's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.


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