Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Washington Park area can be challenging. Home prices in Washington Park are now at a median cost of $108,180, lower than the Chicago average of $290,679.
The average cost of rent is $1,030/mo in Washington Park, primarily driven by the current value of real estate in the Washington Park area. While nearly 44.68% of residents own their homes outright in Washington Park, 86.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Washington Park is $2,240 per month. Households that rent pay about 45.99% of their income on rent here. Washington Park's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Woodlawn, Chicago, IL: higher priced homes
- Hyde Park, Chicago, IL: higher priced homes
- Englewood, Chicago, IL: equally priced homes
- Grand Boulevard, Chicago, IL: higher priced homes
- Becks Park, Chicago, IL: equally priced homes
- Kenwood, Chicago, IL: higher priced homes
- Grand Crossing, Chicago, IL: higher priced homes
- Canaryville, Chicago, IL: higher priced homes
- New City, Chicago, IL: higher priced homes
- Oakland, Chicago, IL: higher priced homes
Neighborhoods with Similar Populations
- Alamedan Valley, North Valley, NM: higher priced homes
- Allison Hill, Harrisburg, PA: less expensive homes
- Arlington, Riverside, CA: higher priced homes
- Artesia Pilar, Santa Ana, CA: higher priced homes
- Atlantic Beaches, Atlantic Beach, FL: higher priced homes
- Baldwin Park, Orlando, FL: higher priced homes
- Beechfielf-Irvington Area, Baltimore, MD: equally priced homes
- Otay Mesa West, San Diego, CA: higher priced homes
- Pleasant Grove West, Chesapeake, VA: higher priced homes
- Pinehurst, Everett, WA: higher priced homes
All Local Stats
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