Market Summary

Morton Grove, Cook County, IL

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Median Home Price Price

$396,692 $396.7K

Median Monthly Rent Rent

$2,728 $2.7K

GRM

12.0x

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
$401,863 $1,889 18.0x
$1,422,335 $2,783 42.0x
$332,001 $2,214 13.0x
$371,080 $1,660 19.0x
$506,938 $4,269 10.0x
$381,489 $1,944 16.0x
$375,236 $1,846 17.0x
$371,010 $3,867 8.0x
$432,101 $2,068 17.0x

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
$234,325 $1,562 13.0x
$277,380 $2,334 10.0x
$413,419 $2,566 13.0x
$358,658 $1,964 15.0x
$598,138 $3,046 16.0x
$350,396 $1,569 19.0x
$218,411 $1,493 12.0x
$435,099 $2,970 12.0x
$427,077 $1,695 21.0x

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
$222,890 $1,601 12.0x
$670,345 $2,576 22.0x
$1,953,031 $2,494 66.0x
$373,902 $1,406 22.0x
$541,525 $2,333 19.0x
$243,728 $1,501 14.0x
$968,032 $2,481 32.0x
$182,771 $1,390 11.0x
$383,973 $1,529 21.0x
$537,669 $2,423 18.0x
$340,875 $1,722 16.0x
$602,542 $2,778 18.0x
$506,397 $3,292 13.0x
$427,524 $2,389 15.0x
$2,016,712 $2,945 57.0x
$440,425 $2,474 15.0x
$436,246 $1,416 26.0x
$381,017 $2,299 14.0x
$138,275 $1,136 10.0x
$543,510 $2,948 15.0x
$377,836 $1,631 19.0x
$339,097 $2,458 11.0x
$447,471 $1,460 26.0x
$717,455 $2,848 21.0x
$252,007 $1,526 14.0x
$511,974 $2,436 18.0x
$260,778 $1,416 15.0x

Home prices

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Monthly rent

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GRM

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Morton Grove

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Trend Insights

Median Rent in Morton Grove, IL is $2,728, with MoM change +$33 and YoY change +$267 pointing to positive momentum while volatility is low (std $70).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Morton Grove, IL
Compare market Select a market
Delta vs base
Median rent
$2,728
N/A
Median price
$396,692
N/A
YoY change
+$267
N/A
Price-to-rent
12.1x
Data unavailable
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