The median home in Chicago Heights, Illinois is valued at $162,100, down 2.0% year over year. Typical monthly rent is $1,466, producing a price-to-rent ratio of 9.2x — below the national average of 18x. Chicago Heights is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$162,100

-2.0%

Rent$1,466/mo

Prices falling — better for buyers.

Affordability

Enter your income for Chicago Heights.

Income (annual)

Down Payment

$32,420 on $162,100

Example: $75,000 household income. Change it above to see your own.

Affordable20.3% of income

Under the 28% guideline.

PITI$1,271

P/I20.3%

Afford$223K

Room+$61K

P&I $820Tax $301Ins $150

Buying $195/mo cheaper ($1,466 rent)6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Chicago Heights with other housing markets across Illinois.

Kenilworth$1.93M Winnetka$1.73M Glencoe$1.51M Bannockburn$1.22M Golf$1.19M Hinsdale$1.18M Lake Forest$1.14M South Barrington$1.08M

Full Chicago-Naperville-Elgin, IL-IN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Chicago-Naperville-Elgin, IL-IN-WI metro.

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Chicago Heights, IL