Chicago, IL

Full City Profile · Illinois · Cook County County

3.3 /5.0

B Good

2,707,648 Population 11,889/sq mi density

$75,134 Median Income $48,148 per capita

$315,200 Home Value $312,457 Zillow

$1,380 Median Rent 29.0% income on rent

52°F Avg Temperature 269 sunny days/yr

943 Violent Crime/100K 2,983 property/100K

Overall

3.3 / 5.0

Good overall score based on economy, affordability, safety and education

B+

Economy

3.6 / 5.0

$75,134 median income, 5.3% unemployment

Affordability

4.3 / 5.0

$315,200 home value, $1,380/mo rent

Safety

1.0 / 5.0

943 violent crimes/100K (148% above avg)

Education

4.5 / 5.0

43.3% bachelor's degree or higher

Housing Overview

Median Home Value

$315,200

12% above

US avg: $281,900

Median Rent

$1,380/mo

19% above

US avg: $1,163/mo

Homeownership Rate

45.5%

30% below US avg (65.4%)

Total Housing Units

1,258,704

Median year built: 1952

Home Value by Source

Census Median

$315,200

Zillow (ZHVI)

$312,457

Median Sale Price

$390,000

Median List Price

$399,900

Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

45.5%

Owner-Occupied

54.5%

Renter-Occupied

46%

55%

US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio

$774/mo

1 Bedroom

$854/mo

2 Bedroom

$1,063/mo

3 Bedroom

$1,370/mo

4 Bedroom

$1,561/mo

Census median rent: $1,380/mo · Zillow rent: $2,292/mo

Market Indicators (Redfin)

Median Days on Market

69 days

Sale-to-List Ratio

1.0%

Buyers market

Homes Sold

1,406

Price Drops

12.1%

of listings with price reduction

Price Per Sq Ft

$264

Active Inventory

5,707

homes for sale

Affordability & Housing Stock

Rent Burden

29.0%

of renters spending 30%+ of income on housing

6% below US avg (31.0%)

Median Year Built

1952

Average age of housing stock: 74 years

Homeownership Rate

45.5%

Complete Housing Data

Home Values

Census Median Value	$315,200
Zillow Home Value (ZHVI)	$312,457
Median Sale Price	$390,000
Median List Price	$399,900
Price Per Sq Ft	$264

Rent

Census Median Rent	$1,380
Zillow Rent (ZORI)	$2,292
FMR Studio	$774
FMR 1-Bedroom	$854
FMR 2-Bedroom	$1,063
FMR 3-Bedroom	$1,370
FMR 4-Bedroom	$1,561

Market

Days on Market	69
Sale-to-List Ratio	1.0%
Price Drops	12.1%
Homes Sold	1,406
Active Inventory	5,707
Price Per Sq Ft	$264

Ownership & Stock

Owner-Occupied	45.5%
Renter-Occupied	54.5%
Homeownership Rate	45.5%
Total Housing Units	1,258,704
Median Year Built	1952
Rent Burden	29.0%