Chicago, Cook County, IL Housing Trends, Rent, Price-to-Rent

Market Summary

Chicago, Cook County, IL

Median Home Price Price

$299,818 $299.8K

Median Monthly Rent Rent

$1,848 $1.8K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Chicago, IL is $1,848, with MoM change +$15 and YoY change +$88 pointing to positive momentum while volatility is low (std $20).

Benchmark Markets Side by Side

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Metric

Base market Chicago, IL

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Delta vs base

Median rent

$1,848

N/A

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Median price

$299,818

N/A

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YoY change

+$88

N/A

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Price-to-rent

13.5x

Data unavailable

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