Property Prices in Chicago, IL, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.71 |
| Mortgage as Percentage of Income: | 27.26% |
| Loan Affordability Index: | 3.67 |
| Price to Rent Ratio - City Centre: | 10.19 |
| Price to Rent Ratio - Outside of Centre: | 7.84 |
| Gross Rental Yield (City Centre): | 9.81% |
| Gross Rental Yield (Outside of Centre): | 12.76% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,876.90 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,270.36 $ | |
| Apartment (3 bedrooms) in City Centre | 3,508.66 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,152.17 $ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 394.55 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 196.52 $ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 4,284.38 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.11 |
These data are based on 508 entries in the past 18 months from 100 different contributors.
Last update: May 2020
Sources and References
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