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Chicago Real Estate Market

Housing
C-
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Urban
Rent vs. Own
  • Rent
    55%
  • Own
    45%
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Real Estate Costs

Median Home Value
$246,500
National
$184,700
Home Values
  • <$50k
    3%
  • $50-$99k
    8%
  • $100-$199k
    27%
  • $200-$399k
    38%
  • $400-$749k
    16%
  • $750k+
    7%
Median Rent
$1,077
National
$949
Monthly Rent
  • <$500
    10%
  • $500-$999
    35%
  • $1,000-$1,499
    31%
  • $1,500-$1,999
    15%
  • $2,000+
    10%
19%
of residents say housing is affordable.166 responses

Home Quality

Poll
54%
of residents say the exterior quality of homes is good or excellent.166 responses
Poll
53%
of residents say the interior quality of homes is good or excellent.166 responses
54%
of residents say there is a good variety of homes.166 responses
51%
of residents say there are a few vacant or abandoned properties here and there.166 responses
27%
of residents say that parking is readily available.166 responses
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Homes in Chicago have a median value of $246,500. The median rent price in Chicago is $1,077 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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