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Property Prices in Chicago, IL, United States
| Index |  |
|---|---|
| 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 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,149.21 $ | |
| Apartment (3 bedrooms) in City Centre | 3,470.88 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,008.72 $ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 357.52 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 190.59 $ | |
| 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 |
These data are based on 358 entries in the past 18 months from 72 different contributors.
Last update: July 2019
Sources and References:
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