The Most Affordable Neighborhoods in Venetian Village, IL by Home Value

 

Venetian Village, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Venetian Village area can be challenging. Home prices in Venetian Village are now at a median cost of $205,740, lower than the Illinois average of $242,002.

The average cost of rent is $1,786/mo in Venetian Village, primarily driven by the current value of real estate in the Venetian Village area. While nearly 20.10% of residents own their homes outright in Venetian Village, 21.14% rent.

Housing affordability isn’t just about home prices, though. The average household income in Venetian Village is $8,071 per month. Households that rent pay about 22.13% of their income on rent here. Venetian Village's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.


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