Market Summary

Summit, Cook County, IL

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Median Home Price Price

$257,297 $257.3K

Median Monthly Rent Rent

$1,879 $1.9K

GRM

11.0x

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
$278,439 $1,775 13.0x
$284,670 $1,861 13.0x
$270,610 $1,851 12.0x
$247,863 $1,762 12.0x
$267,206 $1,659 13.0x
$259,850 $1,625 13.0x
$320,087 $1,832 15.0x
$252,252 $1,397 15.0x
$193,129 $1,512 11.0x
$293,711 $1,417 17.0x
$217,906 $2,167 8.0x
$270,187 $1,799 13.0x
$310,568 $2,295 11.0x

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
$272,298 $1,874 12.0x

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
$328,156 $1,850 15.0x
$201,791 $1,417 12.0x
$274,105 $1,417 16.0x
$221,638 $1,339 14.0x
$227,536 $1,345 14.0x
$296,739 $1,387 18.0x
$506,965 $1,761 24.0x
$140,510 $1,081 11.0x
$392,884 $1,730 19.0x
$146,372 $1,315 9.0x
$422,617 $1,720 20.0x
$240,950 $956 21.0x
$495,962 $1,811 23.0x
$167,745 $1,315 11.0x
$102,557 $925 9.0x
$503,010 $1,872 22.0x
$141,602 $1,155 10.0x
$199,169 $1,377 12.0x
$178,369 $1,195 12.0x
$262,950 $995 22.0x
$527,256 $1,749 25.0x

Home prices

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Monthly rent

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GRM

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Summit

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Trend Insights

Median Rent in Summit, IL is $1,879, with MoM change +$14 and YoY change +$134 pointing to positive momentum while volatility is low (std $34).

Benchmark Markets Side by Side

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

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Metric
Base market Summit, IL
Compare market Select a market
Delta vs base
Median rent
$1,879
N/A
Median price
$257,297
N/A
YoY change
+$134
N/A
Price-to-rent
11.4x
Data unavailable
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