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South Lawndale

Learn about the people, housing, costs and businesses in South Lawndale, Illinois

Median Home$231,353
Median Rent$1,066/month
Population69,884
Leading IndustriesConstruction · Transportation · Agriculture & Mining1% construction
Home Value Growth⬆⬆+12.1% over 2 years
Young Adults34% of residentsslightly above average
Renters54% of occupied units
NotableAffordable Market$231k median home · lower cost than 70% of the country
South Lawndale
IL

Frequently Asked Questions

What are today's mortgage rates in South Lawndale?

As of today, the 30-year fixed mortgage rate for South Lawndale is approximately 6.958% (7.007% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in South Lawndale?

The median home value in South Lawndale is $231k. The median monthly rent is $1,066. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Lawndale?

Home values in South Lawndale have increased 12.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in South Lawndale?

Based on a typical all-in ownership cost of $1,051/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Lawndale is $59k/year.

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What industries drive the economy in South Lawndale?

The largest employment sectors in South Lawndale are public administration (19%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas