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These days, finding an affordable place to live in the Winthrop Harbor area can be challenging. Home prices in Winthrop Harbor are now at a median cost of $243,231, lower than the Illinois average of $300,242.
The average cost of rent is $1,429/mo in Winthrop Harbor, primarily driven by the current value of real estate in the Winthrop Harbor area. In Winthrop Harbor, 16.66% of households rent, and 41.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Winthrop Harbor is $7,106 per month. Households that rent pay about 20.11% of their income on rent here. Winthrop Harbor’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Zion, IL: less expensive homes
- Beach Park, IL: equally priced homes
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- Rosecrans, IL: higher priced homes
- Wadsworth, IL: higher priced homes
- Kenosha, WI: equally priced homes
- Waukegan, IL: less expensive homes
- Old Mill Creek, IL: higher priced homes
- Park City, IL: less expensive homes
Cities with Similar Populations
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- Pemberton, NJ: higher priced homes
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- Morgantown, PA: higher priced homes
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- Mora, MN: less expensive homes
- Moorestown, NJ: higher priced homes
- Mooresboro, NC: less expensive homes
- Perham, MN: higher priced homes
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