All Countries
Park Ridge, IL
Full City Profile · Illinois · Lake County County
3.8
/5.0
B+
Good
39,241
Population
5,535/sq mi density
$138,059
Median Income
$73,112 per capita
$539,300
Home Value
$548,099 Zillow
$1,511
Median Rent
27.9% income on rent
51°F
Avg Temperature
260 sunny days/yr
30
Violent Crime/100K
793 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$138,059 median income, 2.5% unemployment
A
Affordability
4.5 / 5.0
$539,300 home value, $1,511/mo rent
F
Safety
1.0 / 5.0
30 violent crimes/100K
A+
Education
5.0 / 5.0
65.1% bachelor's degree or higher
Housing Overview
Median Home Value
$539,300
91% above
US avg: $281,900
Median Rent
$1,511/mo
30% above
US avg: $1,163/mo
Homeownership Rate
85.3%
30% above US avg (65.4%)
Total Housing Units
16,199
Median year built: 1960
Home Value by Source
Census Median
$539,300
Zillow (ZHVI)
$548,099
Median Sale Price
$560,000
Median List Price
$699,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.3%
Owner-Occupied
14.7%
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:
$1,511/mo
· Zillow rent:
$2,622/mo
Market Indicators (Redfin)
Median Days on Market
61 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
21
Price Drops
10.1%
of listings with price reduction
Price Per Sq Ft
$297
Active Inventory
69
homes for sale
Affordability & Housing Stock
Rent Burden
27.9%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
85.3%
Complete Housing Data
Home Values
| Census Median Value | $539,300 |
| Zillow Home Value (ZHVI) | $548,099 |
| Median Sale Price | $560,000 |
| Median List Price | $699,450 |
| Price Per Sq Ft | $297 |
Rent
| Census Median Rent | $1,511 |
| Zillow Rent (ZORI) | $2,622 |
| 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 | 61 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 10.1% |
| Homes Sold | 21 |
| Active Inventory | 69 |
| Price Per Sq Ft | $297 |
Ownership & Stock
| Owner-Occupied | 85.3% |
| Renter-Occupied | 14.7% |
| Homeownership Rate | 85.3% |
| Total Housing Units | 16,199 |
| Median Year Built | 1960 |
| Rent Burden | 27.9% |