Cook County, Illinois Housing Data

Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$262,784
$1,381

Housing Market Overview

Metric Cook County Illinois Avg US Average
Median Home Price $262,784 $162,405 $242,182
Price Trend (Annual %) 7.2% 3.9% 8.2%
Median Gross Rent $1,381 $1,226 $1,342
Rent Trend (Annual %) 4.8% 4.1% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Cook County
Illinois
United States
Year Cook County Illinois United States
Median Rent Over Time
Cook County
Illinois
United States
Year Cook County Illinois United States

Affordability

On average, housing unit costs 3.2 yearly household incomes in Cook County.

Metric Cook County Illinois Avg US Average
Median Home Price $262,784 $162,405 $242,182
Median Household Income $82,176 $82,179 $78,145
Price-to-Income Ratio 3.2 2.0 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Cook County Illinois Avg US Average
Homeownership Rate 52.8% 61.4% 58.2%
Rental Rate 39.0% 30.5% 31.3%
Vacancy Rate 8.2% 8.1% 10.6%
Median Tenure (years) 14.0 15.0 14.0
Median Year Moved In 2011 2010 2011

Housing Stock

Metric Cook County Illinois Avg US Average
Average Household Size 2.45 people 2.48 people 2.54 people
Median Structure Built Year 1961 1968 1978
Median Number of Rooms 4.6 5.1 5.0