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Chicago
  • City in Illinois
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City
Chicago
#21 in Best Cities for Young Professionals in America
  • A minus
    Overall Grade
  • City in Illinois
  • 2,853 reviews
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    Chicago Real Estate Market

    Housing
    C minus
    Based on home values, property taxes, housing costs, local schools, and more.
    Area Feel
    Urban
    Rent vs. Own
    • Rent
      54%
    • Own
      46%
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    Real Estate Costs

    Median Home Value
    $277,600
    National
    $244,900
    Home Values
    • <$50k
      3%
    • $50-$99k
      5%
    • $100-$199k
      22%
    • $200-$399k
      41%
    • $400-$749k
      20%
    • $750k+
      8%
    Median Rent
    $1,209
    National
    $1,163
    Monthly Rent
    • <$500
      9%
    • $500-$999
      25%
    • $1,000-$1,499
      33%
    • $1,500-$1,999
      18%
    • $2,000+
      16%
    28%
    of residents say housing is affordable. 2,960 responses

    Home Quality

    Poll
    54%
    of residents say the exterior quality of homes is good or excellent. 206 responses
    Poll
    50%
    of residents say the interior quality of homes is good or excellent. 206 responses
    50%
    of residents say there is a good variety of homes. 206 responses
    51%
    of residents say there are a few vacant or abandoned properties here and there. 206 responses
    25%
    of residents say that parking is readily available. 206 responses
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    Homes in Chicago have a median value of $277,600. The median rent price in Chicago is $1,209 and most residents rent their homes. Chicago is very walkable, and there are a lot of bars, restaurants, coffee shops, and parks nearby.
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