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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
$234,500
National
$184,700
Home Values
  • <$50k
    4%
  • $50-$99k
    9%
  • $100-$199k
    29%
  • $200-$399k
    38%
  • $400-$749k
    15%
  • $750k+
    6%
Median Rent
$1,029
National
$949
Monthly Rent
  • <$500
    10%
  • $500-$999
    38%
  • $1,000-$1,499
    30%
  • $1,500-$1,999
    13%
  • $2,000+
    9%
17%
of residents say housing is affordable.144 responses

Home Quality

Poll
55%
of residents say the exterior quality of homes is good or excellent.144 responses
Poll
53%
of residents say the interior quality of homes is good or excellent.144 responses
54%
of residents say there is a good variety of homes.144 responses
50%
of residents say there are a few vacant or abandoned properties here and there.144 responses
28%
of residents say that parking is readily available.144 responses
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Homes in Chicago have a median value of $234,500. The median rent price in Chicago is $1,029 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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