Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Woodlawn area can be challenging. Home prices in Woodlawn are now at a median cost of $246,890, lower than the Chicago average of $290,679.
The average cost of rent is $1,018/mo in Woodlawn, primarily driven by the current value of real estate in the Woodlawn area. While nearly 40.19% of residents own their homes outright in Woodlawn, 83.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Woodlawn is $2,551 per month. Households that rent pay about 39.89% of their income on rent here. Woodlawn's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Washington Park, Chicago, IL: less expensive homes
- Hyde Park, Chicago, IL: higher priced homes
- Essex, Chicago, IL: less expensive homes
- Grand Crossing, Chicago, IL: less expensive homes
- South Shore, Chicago, IL: less expensive homes
- Italian Bowery, Chicago, IL: less expensive homes
- Kenwood, Chicago, IL: equally priced homes
- Becks Park, Chicago, IL: less expensive homes
- Avalon Highlands, Chicago, IL: less expensive homes
- Englewood, Chicago, IL: less expensive homes
Neighborhoods with Similar Populations
- Stanford University, Stanford, CA: higher priced homes
- Morris Park, Philadelphia, PA: less expensive homes
- Northampton, Hampton, VA: less expensive homes
- Olympia Heights, Miami, FL: higher priced homes
- Potomac West, Alexandria, VA: higher priced homes
- Prospect Hill, San Antonio, TX: less expensive homes
- Rice Military, Houston, TX: higher priced homes
- Rochdale Village, Queens, NY: higher priced homes
- Sand Lake, Anchorage, AK: higher priced homes
- South Baton Rouge, Baton Rouge, LA: higher priced homes
All Local Stats
Home Services
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