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Housing Affordability in Chicago, IL

Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.

Households paying 30%+ for housing
39.1%
Illinois 30.4%
Renters paying 30%+
48.3%
Illinois 47.9%
Homeowners paying 30%+
28.8%
Illinois 22.4%
Owner costs with a mortgage
$2,339/mo
Illinois $1,987/mo

Housing costs compared with income

  • Renters paying 30% or more285,71948.3%
  • Homeowners paying 30% or more151,99128.8%
  • Renters paying 50% or more150,41325.5%
  • Median rent as a share of income: 29.3%
  • Median owner costs as a share of income, with a mortgage: 22.6%
  • Median owner costs without a mortgage: $859/mo
  • Median home value divided by median household income: 4.3

How it compares

Swipe the table sideways to see more columns.

AreaHouseholds paying 30%+ for housingRenters 30%+Owners 30%+Median rent as % of income
Chicago, IL39.1%48.3%28.8%29.3%
Cook County36.3%48.9%27.5%29.5%
Illinois30.4%47.9%22.4%29.1%
United States32.2%51.1%22.7%30.6%

Frequently asked questions

What is the housing cost burden in Chicago, IL?
In Chicago, IL, 39.1% of households spend 30% or more of their income on housing costs.
How does Chicago compare with Illinois?
The households paying 30%+ for housing in Chicago is 39.1%, compared with 30.4% for Illinois as a whole.

Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates