Housing & Real Estate — Chicago, Illinois
Overview
| Total Housing Units | 1,268,199 |
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| Occupied | 1,146,547 |
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| Vacant | 121,652 |
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| Owner-Occupied | 522,179 |
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| Renter-Occupied | 624,368 |
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| Median Home Value (Census) | $334,100 |
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| Estimated 2026 | ~$383,000 |
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| Median Rent | $1,380/mo |
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| Median Property Tax | $4,943/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | moderate |
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| Rent as % of Income | 21.3% |
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| Severely Rent-Burdened | 39.3% |
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Housing Age
| Built 2010 or later | 80,641 |
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| Built 2000-2009 | 109,627 |
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| Built 1990-1999 | 59,723 |
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| Built before 1960 | 741,440 |
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| Median Year Built | 1952 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
