Property Prices in Chicago, IL, United States

Index Info
Price to Income Ratio: 2.83
Mortgage as Percentage of Income: 25.63%
Loan Affordability Index: 3.90
Price to Rent Ratio - City Centre: 6.45
Price to Rent Ratio - Outside of Centre: 8.17
Gross Rental Yield (City Centre): 15.52%
Gross Rental Yield (Outside of Centre): 12.24%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 25,582.13 kr 21,193.04-32,604.68
Apartment (1 bedroom) Outside of Centre 16,468.84 kr 13,041.87-21,736.45
Apartment (3 bedrooms) in City Centre 49,648.03 kr 38,038.79-65,209.35
Apartment (3 bedrooms) Outside of Centre 32,035.39 kr 23,910.10-43,472.90
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 3,459.69 kr 2,717.03-3,803.85
Price per Square Feet to Buy Apartment Outside of Centre 2,825.82 kr 2,173.85-4,075.55
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 59,714.86 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.64 6.19-7.00

These data are based on 259 entries in the past 18 months from 60 different contributors.
Last update: April 2024

Sources and References
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1 Comments so far
mamta shukla on Nov 14, 2021:
i would like to purchase 1BR apartment in Chicago. but i am not aware of procedure and cost.
if i can get details, will be very much convenient for me to decide and invest.
currently i am residence of Dubai and holding Indian passport.
Thanks.