A+
45%
Med. Home Val. NAT. AVG.
22%
Rent NAT. AVG.
29%
Owner Occ. NAT. AVG.

Chicago Housing Information

IndexChicagoIllinoisNational
Median home price$267,600$174,800$184,700
Median rent asked$1,154$925$949
Avg. people per household2.52.62.6
Owner occupied households45.3%66.0%63.6%
Renter occupied households54.7%34.0%36.4%
See Local Housing Trends Before You Buy! Local Insights Report
  • See home value trends within a small radius
  • Understand local market conditions near your address
  • Use detailed data to choose the right home
GET REPORT
Local Insights Report

Housing Quick Facts

  • The median home price in Chicago is 45% higher than the national average.
  • The median rent asked in Chicago is 22% higher than the national average.
  • The average number of people per household in Chicago is 6% lower than the national average.
  • The number of owner occupied households in Chicago is 29% lower than the national average.
  • The number of renter occupied households in Chicago is 50% higher than the national average.

Most Affordable Places to Live in and Around Chicago

See all the best places to live around Chicago

Compare Chicago, IL Housing

City Image
    City Default Image
      vs
      How would you rate real estate in Chicago?
      Write a review to give others more information about this area.
      How would you rate rentals in Chicago?
      Write a review to give others more information about this area.
      See all Chicago poll results

      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Hodgkins, IL1,753$33,10082%
      Calumet Park, IL8,383$114,10038%
      Merrionette Park, IL1,973$120,70035%
      Hometown, IL4,216$122,80034%
      Whiting, IN4,801$141,90023%
      Chicago, IL2,699,347$267,60045%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Houston, TX2,313,238$186,8001%
      Phoenix, AZ1,658,422$250,80036%
      Philadelphia, PA1,581,531$171,6007%
      San Antonio, TX1,529,133$156,70015%
      Los Angeles, CA3,973,278$670,700263%
      Chicago, IL2,699,347$267,60045%
      Source: The Chicago, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).