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States / Illinois / Chicago

Chicago, IL Housing

ACS 2020-2024

Median Home Value
$334,100 ± $2,424
Median Gross Rent
$1,440 ± $10/mo
Homeownership Rate
46.0%
Rent as Share of Income
22.2%
Price-to-Income Ratio
4.3×
Vacancy Rate
9.1%
Median Year Built
1953

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
3,916
Buildings
708
Single-Family Units
371
Multi-Family Units
3,545

Nearby Cities in Illinois

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Chicago, IL Housing: Rent & Home Values | HomeDataUSA