Home prices
The price of the median home in Burns Harbor is $167,800. In comparison to its nearby areas this is approximately $152,220 (47%) lower.It is approximately $49,700 (22%) lower in comparison to the entire country, and it is roughly $90,200 (34%) lower in comparison to the city of Chicago.
Rents
In Burns Harbor the median rent is $1,175 a month. In comparison to other places in this area it is about $299 (20%) lower.In comparison to the entire country it is roughly $113 (10%) higher, and compared to the city of Chicago it is roughly $63 (5%) higher.
Nearby places
Porter
Porter is Burns Harbor's neighbor to the east. Real estate prices there are a little more expensive. The value of the median home in Porter is $189,900, which comes out to $22,100 (11%) higher than Burns Harbor. Its rents are somewhat more expensive. The median monthly rent in Porter is $1,299, which comes out to $124 (9%) higher than Burns Harbor.
Dune Acres
Dune Acres is Burns Harbor's neighbor to the northeast. Its housing prices are a lot more expensive. The median home in Dune Acres costs $712,500, which works out to $544,700 (76%) higher than Burns Harbor. Rents there are a lot more expensive. In Dune Acres the median monthly rent is $2,667, which works out to $1,492 (55%) higher than Burns Harbor.
Portage
Portage is Burns Harbor's neighbor to the southwest. Its real estate prices are a bit less expensive. The value of the median home in Portage is $152,500, which is $15,300 (10%) lower than Burns Harbor. Its rents are a little less expensive. The median rent in Portage is $902 per month, which is $273 (30%) lower than Burns Harbor.
Chesterton
Chesterton is Burns Harbor's neighbor to the east. The real estate prices there are a little more expensive. The value of the median home in Chesterton is $190,400, which is $22,600 (11%) higher than Burns Harbor. Rents there are a bit less expensive. The median rent in Chesterton is $933 per month, which works out to $242 (25%) lower than Burns Harbor.
Ogden Dunes
Ogden Dunes is roughly 2 miles west from Burns Harbor. Its housing prices are significantly more expensive. Ogden Dunes's median home price is $354,800, which works out to $187,000 (52%) higher than Burns Harbor. Rent there is somewhat more expensive. The median rent in Ogden Dunes is $1,568 a month, which comes out to $393 (25%) higher than Burns Harbor.