Home prices
The price of the median home in Burnham is $96,400. This is approximately $19,640 (16%) lower in comparison to its surrounding areas.It is roughly $121,100 (55%) lower in comparison to the nation as a whole, and in comparison to the city of Chicago it is about $161,600 (62%) lower.
Rents
Burnham's median rent is $930 per month. It is approximately $168 (15%) lower compared to other places in this area.It is roughly $132 (12%) lower in comparison to the US as a whole, and in comparison to the city of Chicago is about $182 (16%) lower.
Nearby places
Calumet City
Calumet City is Burnham's neighbor to the south. Housing prices there are somewhat more expensive. The median home in Calumet City is valued at $106,000, which is $9,600 (9%) higher than Burnham. The rent there is fairly similar. In Calumet City the median monthly rent is $967, which works out to $37 (3%) higher than Burnham.
Hammond
Hammond is Burnham's neighbor to the southeast. Housing prices there are a little less expensive. The cost of the median home in Hammond is $91,700, which works out to $4,700 (5%) lower than Burnham. Its rents are a little less expensive. Hammond's median rent is $879 a month, which comes out to $51 (5%) lower than Burnham.
Dolton
Dolton is about 2 miles west of Burnham. The housing prices there are a bit more expensive. The median home in Dolton costs $102,600, which works out to $6,200 (6%) higher than Burnham. Rent there is a little more expensive. The median monthly rent in Dolton is $1,287, which is $357 (27%) higher than Burnham.
Whiting
Whiting is about 3 miles northeast of Burnham. Its real estate prices are a little more expensive. The value of the median home in Whiting is $129,300, which is $32,900 (25%) higher than Burnham. Its rents are a little less expensive. Whiting's median rent is $855 per month, which is $75 (8%) lower than Burnham.
South Holland
South Holland is approximately 3 miles southwest of Burnham. Its real estate prices are a lot more expensive. The cost of the median home in South Holland is $150,600, which comes out to $54,200 (35%) higher than Burnham. Rent there is substantially more expensive. South Holland's median monthly rent is $1,500, which comes out to $570 (38%) higher than Burnham.
