The median home in Chatham, Illinois is valued at $291,682, up 7.9% year over year. Typical monthly rent is $1,847, producing a price-to-rent ratio of 13.2x — below the national average of 18x. Chatham is part of the Springfield, IL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: Springfield, IL stress score, crash risk, and 12-month forecast →
Home Value$291,682
+7.9%
Rent$1,847/mo
AFFORDABILITYRenting $320/mo cheaper ($1,847 rent)6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for Chatham.
$58,336 on $291,682
Stretch — 34.7% of income
Above 28% but manageable with cuts.
PITI$2,167
P/I34.7%
Afford$236K
Gap-$56K
P&I $1,475Tax $542Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Illinois
Compare Chatham with other housing markets across Illinois.
Full Springfield, IL analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Springfield, IL metro.
View Springfield, IL metro →