Elmwood Park, Cook County, IL

Median Home Price Price

$325,131 $325.1K

Median Monthly Rent Rent

$1,616 $1.6K

17.0x

Market Snapshot

Elmwood Park, Cook County, IL is a city market with a median home price of $325,131, a median monthly rent of $1,616, a GRM of 17.0x, and a price-to-rent ratio of 16.8.

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Home prices

Monthly rent

GRM = home price / annual rent

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Home prices

Monthly rent

GRM = home price / annual rent

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$407K $1.9K 18.0x
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Home prices

Monthly rent

GRM = home price / annual rent

Elmwood Park

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Benchmark comparison

Rent in Elmwood Park, IL is 19.5% higher than Franklin Park, IL.

Compare to Franklin Park, IL
Elmwood Park, IL
Franklin Park, IL
Delta
Median rent
$1,616
$1,352
-$264
Median price
$325,131
$292,418
-$32,713
YoY change
+$107
+$105
-$2
Price-to-rent
16.8x
18.0x
+1.2x

Key takeaways

  • Elmwood Park, Cook County, IL has a middle-grm screening profile: At 17.0x GRM, price and rent sit in a less extreme screening range.
  • The investment thesis may depend more on trend quality and local context than on GRM alone.
  • Rent momentum is positive, with median rent up about $107 year over year.
  • Rent in Elmwood Park, IL is 19.5% higher than Franklin Park, IL.