Housing & Real Estate — Park Ridge, Illinois
Overview
| Total Housing Units | 16,013 |
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| Occupied | 15,179 |
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| Vacant | 834 |
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| Owner-Occupied | 12,943 |
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| Renter-Occupied | 2,236 |
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| Median Home Value (Census) | $551,200 |
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| Estimated 2026 | ~$580,000 |
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| Median Rent | $1,511/mo |
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| Median Property Tax | $10,001/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 12.7% |
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| Severely Rent-Burdened | 35.0% |
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Housing Age
| Built 2010 or later | 827 |
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| Built 2000-2009 | 1,326 |
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| Built 1990-1999 | 873 |
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| Built before 1960 | 7,926 |
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| Median Year Built | 1960 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
