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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
B
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
A
Affordability
4.3 / 5.0
$315,200 home value, $1,380/mo rent
F
Safety
1.0 / 5.0
943 violent crimes/100K (148% above avg)
A
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
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% |