States › Illinois › Alsip

Is Alsip, IL expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,53712% lower than U.S. average
💵 Families earn per year (2026)$71,812about $5,984/month · 18% lower than U.S. average
🔑 House price$225,00032% lower than U.S. average

Rent is lower than in 56% of U.S. cities. A typical house costs about 3.1 years of household income. Commutes are long, about 30.1 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $61,480 a year. That is $30 an hour at a full-time job.

Is rent cheaper than other Illinois cities?

No. Rent here is more expensive than in most of Illinois. It is number 175 of 334 cities from cheapest to most expensive.

Alsip
$1,537
$1,771
$1,747
$1,084

How much do households earn in Alsip?

Under $25k
11.1%
$25k–50k
28.1%
$50k–100k
30.6%
$100k–150k
15.2%
$150k+
6.8%

Share of households by yearly income. 22.0% of households earn $100,000 or more.

Rent by apartment size in Alsip

SizeAlsipU.S. average
1 bedroom$1,234$1,324
2 bedrooms$1,287$1,509
3 bedrooms$1,095$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Alsip overall?

Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).

Housing
94
Goods (food, clothes…)
104
Utilities
85
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Alsip, so the Illinois figure is shown.

Taxes and bills in Alsip

🏛️ Property tax$5,257a year · 2.34% of home value · U.S. $3,119
⚡ Electric bill$97a month (typical) · U.S. $156

Life in Alsip

Commute to work30.1 minU.S.: 26.4 min
College degree18.7%U.S.: 35.7%
Own their home64.2%U.S.: 65.2%
Below poverty line12.1%U.S.: 12.5%
Unemployment8.9%U.S.: 5.2%

Is it cheaper to rent or buy in Alsip?

About the same. Renting and owning cost within $24 of each other each month.

Renting
$1,537
Owning
$1,561

Owning assumes a typical $225,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,500 for the down payment.

Frequently asked questions

What is the average rent in Alsip, IL?

Renting in Alsip costs a median of about $1,537 a month in 2026, including utilities. The Illinois median is $1,517.

How much do I need to make to live in Alsip?

To keep rent under 30% of income, you need about $61,480 a year, or $30 an hour at a full-time job.

Is Alsip cheap or expensive?

Alsip is rated OK: rent takes 25.7% of the typical household income of $71,812. It ranks 175th cheapest of 334 Illinois cities we track.

How much are property taxes in Alsip?

The median homeowner in Alsip pays $5,257 a year in property taxes, about 2.34% of the median home value.

Is Alsip more expensive than the national average?

Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Alsip?

The median home value in Alsip is $225,000, about 3.1 times the typical yearly household income.

18,583 people live in Alsip. Numbers are typical (middle) values.