Property Prices in Chicago, IL, United States

Index Info
Price to Income Ratio: 3.19
Mortgage as Percentage of Income: 28.87%
Loan Affordability Index: 3.46
Price to Rent Ratio - City Centre: 6.60
Price to Rent Ratio - Outside of Centre: 8.17
Gross Rental Yield (City Centre): 15.15%
Gross Rental Yield (Outside of Centre): 12.24%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 26,394.38 kr 22,006.65-32,362.73
Apartment (1 bedroom) Outside of Centre 16,257.29 kr 12,945.09-21,575.15
Apartment (3 bedrooms) in City Centre 49,716.65 kr 37,756.51-64,725.45
Apartment (3 bedrooms) Outside of Centre 31,970.45 kr 24,272.04-43,150.30
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 3,606.10 kr 2,696.87-4,638.62
Price per Square Feet to Buy Apartment Outside of Centre 2,804.86 kr 2,157.72-4,045.31
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 54,060.68 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.64 6.19-7.00

These data are based on 251 entries in the past 18 months from 52 different contributors.
Last update: May 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.