Safe Rate Local
Learn about the people, housing, costs and businesses in Near South Side, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Near South Side.
True all-in cost — P&I, taxes, insurance & utilities for homes in Near South Side.
Find and compare lenders active near Near South Side.
FEMA flood zones and flood insurance estimates for Near South Side.
Seismic risk and earthquake insurance estimates for Near South Side.
Wildfire exposure and insurance estimates for Near South Side.
As of today, the 30-year fixed mortgage rate for Near South Side is approximately 6.861% (6.906% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for Near South SideThe median home value in Near South Side is $476k. The median monthly rent is $2,495. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Near South Side have decreased 6.6% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $2,753/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $118k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Near South Side is $129k/year.
Calculate your buying powerThe largest employment sectors in Near South Side are public administration (32%) and healthcare (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.
Adjacent counties and areas