The Most Affordable Neighborhoods in Western Springs, IL by Home Value

 

Western Springs, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Western Springs area can be challenging. Home prices in Western Springs are now at a median cost of $633,500, higher than the Illinois average of $242,002.

The average cost of rent is $1,772/mo in Western Springs, primarily driven by the current value of real estate in the Western Springs area. While nearly 34.45% of residents own their homes outright in Western Springs, 4.50% rent.

Housing affordability isn’t just about home prices, though. The average household income in Western Springs is $16,066 per month. Households that rent pay about 11.03% of their income on rent here. Western Springs's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.


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