Much like nearby areas, it's substantially less expensive compared to the United States as a whole. Compared to the city of Chicago, it is significantly less expensive.
Home prices
The price of the median home in South Chicago Heights is $103,200. This is about $2,060 (1%) lower in comparison to other places in this area.Compared to the rest of the country it is about $114,300 (52%) lower, and is approximately $154,800 (60%) lower compared to the city of Chicago.
Rents
In South Chicago Heights the median monthly rent is $1,046. It is roughly $24 (2%) lower compared to its surrounding areas.It is approximately $16 (1%) lower compared to the country as a whole, and in comparison to the city of Chicago is roughly $66 (5%) lower.
Nearby places
Steger
Steger is South Chicago Heights's neighbor to the southeast. Real estate prices there are fairly similar. The median home cost in Steger is $105,200, which comes out to $2,000 (1%) higher than South Chicago Heights. Rent there is a bit less expensive. The median rent in Steger is $957 per month, which comes out to $89 (9%) lower than South Chicago Heights.
Chicago Heights
Chicago Heights is South Chicago Heights's neighbor to the north. The real estate prices there are similar. The median home cost in Chicago Heights is $105,900, which is $2,700 (2%) higher than South Chicago Heights. Rent there is a bit less expensive. The median monthly rent in Chicago Heights is $940, which comes out to $106 (11%) lower than South Chicago Heights.
Park Forest
Park Forest is approximately 2 miles west of South Chicago Heights. The housing prices there are a lot less expensive. The price of the median home in Park Forest is $73,600, which is $29,600 (40%) lower than South Chicago Heights. Rents there are somewhat more expensive. In Park Forest the median rent is $1,211 a month, which comes out to $165 (13%) higher than South Chicago Heights.
Crete
Crete is about 2 miles south of South Chicago Heights. Its real estate prices are a lot more expensive. Crete's median home value is $171,200, which is $68,000 (39%) higher than South Chicago Heights. Rents there are fairly similar. In Crete the median monthly rent is $1,094, which is $48 (4%) higher than South Chicago Heights.
Sauk Village
Sauk Village is about 2 miles east of South Chicago Heights. Its housing prices are significantly less expensive. Sauk Village's median home value is $70,400, which is $32,800 (46%) lower than South Chicago Heights. The rent there is somewhat more expensive. Sauk Village's median monthly rent is $1,146, which works out to $100 (8%) higher than South Chicago Heights.
