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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 $78,032, lower than the Illinois average of $300,242.
The average cost of rent is $771/mo in Washington Park, primarily driven by the current value of real estate in the Washington Park area. In Washington Park, 18.31% of households rent, and 50.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Washington Park is $4,388 per month. Households that rent pay about 17.56% of their income on rent here. Washington Park’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fairmont City, IL: equally priced homes
- East St. Louis, IL: less expensive homes
- Alorton, IL: less expensive homes
- Centreville, IL: less expensive homes
- Brooklyn, IL: less expensive homes
- Lovejoy, IL: less expensive homes
- State Park Place, IL: higher priced homes
- Caseyville, IL: higher priced homes
- Sauget, IL: less expensive homes
- Madison, IL: higher priced homes
Cities with Similar Populations
- Orion, IL: higher priced homes
- Kempton, PA: higher priced homes
- Kilmarnock, VA: higher priced homes
- Lake Lure, NC: higher priced homes
- Laurel, IN: higher priced homes
- Magnolia Gardens, TX: higher priced homes
- Makanda, IL: higher priced homes
- Mc Queeney, TX: higher priced homes
- Morrice, MI: higher priced homes
- Mount Sterling, IL: higher priced homes
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