Property Prices in Chicago, IL, United States

Index Info
Price to Income Ratio: 3.53
Mortgage as Percentange of Income: 26.38%
Loan Affordability Index: 3.79
Price to Rent Ratio - City Centre: 9.55
Price to Rent Ratio - Outside of Centre: 8.37
Gross Rental Yield (City Centre): 10.47%
Gross Rental Yield (Outside of Centre): 11.94%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,772.72 $ 1,300.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,123.37 $ 800.00-1,600.00
Apartment (3 bedrooms) in City Centre 3,259.52 $ 2,400.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 1,996.48 $ 1,229.46-2,850.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 346.38 $ 276.13-411.66
Price per Square Feet to Buy Apartment Outside of Centre 189.59 $ 123.02-252.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 4,088.80 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.32 3.99-5.00

These data are based on 353 entries in the past 18 months from 60 different contributors.
Last update: April 2019

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