Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the University Village area can be challenging. Home prices in University Village are now at a median cost of $402,692, higher than the Chicago average of $290,679.
The average cost of rent is $1,451/mo in University Village, primarily driven by the current value of real estate in the University Village area. While nearly 36.51% of residents own their homes outright in University Village, 66.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in University Village is $4,896 per month. Households that rent pay about 29.63% of their income on rent here. University Village's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Near West Side, Chicago, IL: equally priced homes
- Pilsen, Chicago, IL: less expensive homes
- Greektown, Chicago, IL: equally priced homes
- Lower West Side, Chicago, IL: less expensive homes
- Claremont Cottages, Chicago, IL: less expensive homes
- Printers Row, Chicago, IL: equally priced homes
- Near South Side, Chicago, IL: equally priced homes
- Locks, Chicago, IL: equally priced homes
- Armour Square, Chicago, IL: less expensive homes
- Loop, Chicago, IL: higher priced homes
Neighborhoods with Similar Populations
- Tatnuck, Worcester, MA: less expensive homes
- Pico-Lowell, Santa Ana, CA: higher priced homes
- Plymouth Colony, Atlanta, GA: less expensive homes
- Powderhorn Park, Minneapolis, MN: less expensive homes
- Regent Park, Detroit, MI: less expensive homes
- Reservoir, Newport News, VA: less expensive homes
- River Park, South Bend, IN: less expensive homes
- Rolando, San Diego, CA: higher priced homes
- Rolling Hills Ranch, Chula Vista, CA: higher priced homes
- South Collinwood, Cleveland, OH: less expensive homes
All Local Stats
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