Property Prices in Chicago, IL, United States

Index Info
Price to Income Ratio: 3.50
Mortgage as Percentange of Income: 26.22%
Loan Affordability Index: 3.81
Price to Rent Ratio - City Centre: 9.41
Price to Rent Ratio - Outside of Centre: 8.29
Gross Rental Yield (City Centre): 10.62%
Gross Rental Yield (Outside of Centre): 12.06%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,829.49 $ 1,300.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,149.21 $ 850.00-1,600.00
Apartment (3 bedrooms) in City Centre 3,470.88 $ 2,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,008.72 $ 1,279.50-2,800.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 357.52 $ 250.00-450.00
Price per Square Feet to Buy Apartment Outside of Centre 190.59 $ 135.89-252.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 4,216.93 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.35 4.00-5.00

These data are based on 358 entries in the past 18 months from 72 different contributors.
Last update: July 2019

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