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These days, finding an affordable place to live in the Villa Park area can be challenging. Home prices in Villa Park are now at a median cost of $311,152, higher than the Illinois average of $300,242.
The average cost of rent is $1,897/mo in Villa Park, primarily driven by the current value of real estate in the Villa Park area. In Villa Park, 24.29% of households rent, and 33.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Villa Park is $8,315 per month. Households that rent pay about 22.81% of their income on rent here. Villa Park’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lombard, IL: higher priced homes
- Elmhurst, IL: higher priced homes
- Oakbrook Terrace, IL: equally priced homes
- Oak Brook, IL: higher priced homes
- Berkeley, IL: less expensive homes
- Addison, IL: equally priced homes
- Hillside, IL: less expensive homes
- Glen Ellyn, IL: higher priced homes
- Northlake, IL: less expensive homes
- Bensenville, IL: equally priced homes
Cities with Similar Populations
- Rolla, MO: less expensive homes
- Lakeside, FL: less expensive homes
- Lapeer, MI: less expensive homes
- Lebanon, OR: higher priced homes
- Alabaster, AL: less expensive homes
- Madison Heights, MI: less expensive homes
- Ravenna, OH: less expensive homes
- Richmond Hill, GA: higher priced homes
- Ridgeland, MS: equally priced homes
- Lake St. Louis, MO: higher priced homes
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