Median owner-occupied home value
$334,100± $2,424 margin of errorEstimated by homeowners; not a current sale price.
Chicago, IL housing and neighborhood guide
Home values, rents and population for Chicago from the U.S. Census Bureau, with local resources and the questions to ask before you move.
The housing picture
2020–2024 American Community Survey · Chicago city, Illinois
Median monthly gross rent
$1,440± $10 margin of errorContract rent plus applicable utility and fuel costs.
Population
2,711,226± 63 margin of errorResidents within the Census place boundary.
Housing units
1,277,054± 3,651 margin of errorOccupied and vacant housing units.
Occupied housing units
1,160,205± 3,944 margin of errorHomes occupied by owners or renters.
Owner-occupied housing units
534,012± 5,262 margin of errorOccupied homes in which the owner lives.
Source: U.S. Census Bureau, 2024 ACS 5-year ↗. Retrieved Sep 28, 2026. Place ID: 1714000. Dollar amounts are in 2024 dollars. Survey estimates describe a period, not a live housing market.
View the Census data tables
2020–2024 ACS five-year estimates. Dollar amounts are in 2024 dollars; published margins of error use a 90% confidence level. These downloadable source tables cover all Census geographies.
Explore Chicago, one address at a time.
Local resources reviewed .
Plan the actual CTA trip you would take
CTA's trip-planning page accepts a starting point, destination, date and time and links accessible-trip options. Test the workday or weekend journey you expect to make, then check its route and elevator alerts; being near an L station alone does not establish the travel time.
Open local resourceUse city permit and inspection records to investigate prior work
Chicago's Department of Buildings provides a public permit-and-inspection records application. Use available entries to prepare questions about renovation history and follow up with the department on gaps; the city does not guarantee that its online information is complete or current.
Open local resourceQuestions about Chicago
Does a nearby L station establish my commute time?
Use CTA's trip planner with your starting point, destination, travel date and time, then check route and elevator alerts. Station proximity alone does not establish the actual journey you would take.
Source: transitchicago.com ↗What is the median home value in Chicago?
The 2020–2024 ACS estimate for the median value of owner-occupied homes in Chicago is $334,100 in 2024 dollars. This describes owner-reported values over a five-year period. For a purchase or sale today, request recent comparable transactions for the specific neighborhood and property type.
What is the median rent in Chicago?
The 2020–2024 ACS median monthly gross rent for Chicago is $1,440 in 2024 dollars. Gross rent includes contract rent and applicable utility and fuel costs. It is a historical survey estimate, not today's asking rent or a quote for an individual property.
Does this describe a specific neighborhood?
These figures cover Chicago city, Illinois. City boundaries, ZIP codes, school attendance areas, and named neighborhoods can differ. Use a property's address to check the details that matter to you; a city-wide median will not describe every block or home.
How can I compare Chicago with another place?
Use the city comparison to view figures from the same ACS release side by side. Then compare current property choices, your actual commute, and address-specific conditions. Differences between survey estimates can fall within their margins of error; the comparison does not rank which place is best.