Market Summary

Elk Grove Village, Cook County, IL

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Median Home Price Price

$359,753 $359.8K

Median Monthly Rent Rent

$2,055 $2.1K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Cook County

Region Price Rent GRM Display
$371,010 $3,867 8.0x
$354,293 $2,042 14.0x
$401,863 $1,889 18.0x
$317,137 $1,555 17.0x
$305,122 $2,049 12.0x
$316,020 $1,755 15.0x
$329,786 $2,288 12.0x
$308,498 $1,813 14.0x
$291,046 $2,172 11.0x
$277,410 $1,561 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Cook County

Region Price Rent GRM Display
$402,855 $2,100 16.0x
$413,419 $2,566 13.0x
$398,181 $2,073 16.0x
$384,993 $2,097 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IL

Region Price Rent GRM Display
$384,058 $2,066 15.0x
$321,728 $1,883 14.0x
$506,397 $3,292 13.0x
$409,183 $1,863 18.0x
$339,855 $1,975 14.0x
$427,885 $2,016 18.0x
$523,924 $2,191 20.0x
$296,706 $1,778 14.0x
$306,640 $1,995 13.0x
$592,804 $1,949 25.0x
$307,304 $2,024 13.0x
$199,169 $1,377 12.0x
$356,978 $1,930 15.0x
$366,321 $1,048 29.0x
$351,294 $2,129 14.0x
$426,731 $1,863 19.0x
$315,121 $1,490 18.0x
$343,111 $2,131 13.0x
$474,738 $2,076 19.0x
$373,902 $1,406 22.0x

Home prices

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Monthly rent

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GRM

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Elk Grove Village

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Trend Insights

Median Rent in Elk Grove Village, IL is $2,055, with MoM change +$23 and YoY change +$183 pointing to positive momentum while volatility is low (std $47).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Elk Grove Village, IL.

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Metric
Base market Elk Grove Village, IL
Compare market Select a market
Delta vs base
Median rent
$2,055
N/A
Median price
$359,753
N/A
YoY change
+$183
N/A
Price-to-rent
14.6x
Data unavailable
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